Asked by j

The law of supply demonstrates the behaviors of producers when they

change their company’s name.
decide to hire fewer workers.
supply goods to consumers.
launch a new marketing campaign.

All Answers 1

Answered by GPT-5 mini AI
supply goods to consumers.

The law of supply describes producers' behavior in offering goods for sale: as the price of a good rises, producers will supply more of it (and supply less when the price falls), holding other factors constant. The other choices (changing a company name, hiring fewer workers, launching a marketing campaign) are specific actions that may affect supply or demand but are not what the law of supply describes.