Just as on the demand side, the position of the supply can shift, say from a change in the price of a productive input or a technical improvement. The Law of Supply states that, in general, a rise in price leads to an expansion in supply and a fall in price leads to a contraction in supply.he term economics comes from the Ancient Greek Î¿á¼°ÎºÎ¿Î½Î¿Î¼Î¯Î± from Î¿á¼¶ÎºÎ¿Ï (oikos, house) and Î½ÏÎ¼Î¿Ï (nomos, custom or law), hence rules of the house (hold for good management).
Dr. Mohammad Siddiqui works as a pediatrician in Riverside, CA. He provides primary care for children of all ages, from babies to teenagers.
Dr. Usmani's Biography â Dr. Saqib Usmani, DMD is a Dentist who practices in Middletown, DE. He is 43 years old and has been practicing for 18 years. Learn more about Dr. Usmani