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. Mohammad A Abid, MD FACC, is an Interventional Cardiology specialist in Indio, California. He graduated in 1977, having over 40 years of diverse experience, especially in Interventional Cardiology. He is affiliated with many hospitals including Desert Regional Medical Center, Eisenhower Medical Center, John F Kennedy Memorial Hospital Inc.