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LAW OF SUPPLY: The direct relationship between supply price and the quantity supplied, ceteris paribus. This fundamental economic principle indicates that as the price of a commodity increases, then the quantity of the commodity that sellers are able and willing to sell in a given period of time, if other factors are held constant, also increases. This law, while not quite as iron-clad as the law of demand, is quite important to the study of markets.
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In his older years, Andrew Carnegie seldom carried money because he was offended by its sight and touch.
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"The greatest things ever done on Earth have been done little by little. " -- William Jennings Bryan
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ACIR
Advisory Council on Intergovernmental Relations
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