How is the law of supply similar to the law of demand? how is it different?

like the law of demand, the law of supply demonstrates the quantities that will be sold at a certain price. but unlike the law of demand, the supply relationship shows an upward slope. this means that the higher the price, the higher the quantity supplied.

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both show that quantity supplied is affected by price. the law of supply shows a direct relationship, while the law of demand shows an inverse relationship

explanation:

genius.

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