It is the end of the year and party supply stores have added the things needed for a fantastic New Years Eve party. According to the law of supply, what scenario would you expect to see with the party supply stores

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02-06-2022
Business

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It is the end of the year and party supply stores have added the things needed for a fantastic New Years Eve party. According to the law of supply, what scenario would you expect to see with the party supply stores

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Martebi Martebi · Answer 1 · 2022-06-14T19:28:29+02:00

The scenario that one would expect to see in the party supply stores is the supply of New Year's party supplies to have increased since November.

What is the supplies about?

In the case above, As sellers expect a lot of customers to buy party supplies the prices is said to still increase and so the suppliers are likely to increase their production rate.

The scenario that one would expect to see in the party supply stores is the supply of New Year's party supplies to have increased since November.

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