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Say’s law of market holds that        
  • a)
    supply is not equal to demand    
  • b)
    supply creates its own demand    
  • c)
    demand creates its own supply    
  • d)
    supply is greater than demand
Correct answer is option 'B'. Can you explain this answer?
Verified Answer
Say’s law of market holds that a)supply is not equal to demand ...
B is the correct option.Say’s law of market holds that supply creates its own demand.
Say's Law of Markets is theory from classical economics arguing that the ability to purchase something depends on the ability to produce and thereby generate income. Say reasoned that to have the means to buy, a buyer must first have produced something to sell.
 
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Say’s law of market holds that a)supply is not equal to demand b)supply creates its own demand c)demand creates its own supply d)supply is greater than demandCorrect answer is option 'B'. Can you explain this answer?
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