1 Under the health care law, you must have qualifying health coverage or pay a fee on your next federal tax return.  The penalty in 2016 is 2.5% of household income or $695 per adult (half of that per child), whichever is higher. Learn more about the fee for not being covered.
The law of supply is a fundamental principle of economic theory which states that, all else equal, an increase in price results in an increase in quantity supplied. In other words, there is a direct relationship between price and quantity: quantities respond in the same direction as price changes.
  If demand remains constant and supply decreases, then the price will rise. The law of supply and demand says that a price will move either up or down based on the bala â¦ nce of supply and demand.As the supply decreases, prices will move higher because the product is more scarce. If demand remains constant and supply decreases, then the price will rise. The law of supply and demand says that a price will move either up or down based on the bala â¦ nce of supply and demand.