Explore Westonci.ca, the leading Q&A site where experts provide accurate and helpful answers to all your questions. Get quick and reliable answers to your questions from a dedicated community of professionals on our platform. Join our platform to connect with experts ready to provide precise answers to your questions in different areas.
Sagot :
The incentive for producers to increase supply is the potential to obtain additional profits.
The incentive for producers to increase supply is the potential to obtain additional profit.
What is profit?
This is a term that refers to the gains that people make from the fact that they are engaged in a form of trade.
It is the financial gains that a business makes after they have removed the capital they used in production.
When production is increased, it would lead to more supply and hence more profit.
Read more on profit here: https://brainly.com/question/25895372
#SPJ2
Thanks for using our platform. We're always here to provide accurate and up-to-date answers to all your queries. Thanks for using our service. We're always here to provide accurate and up-to-date answers to all your queries. Discover more at Westonci.ca. Return for the latest expert answers and updates on various topics.