Answer :
Answer:
- There is always a never ending relationship between the supply and the pricing.
- Every one works to make profit hence if a product has a high price fixed then the producer produces that particular product which is in demand and gain profit.
- In the market if higher prices are quoted for a product the supply of that particular product increases.
- If the market price is low for that particular product then the supply will be limited.
- Hence only the pricing determines whether the goods should be supplied more or less.
- Price of the product determines the goal of the producer of which product he has to supply then.