The idea that supply creates its own demand is known as
A)the law of supply.
B)the law of demand.
C)Keynes' law.
D)Say's law.

Name: The idea that supply creates its own demand is known as A)the law of supply. B)the law of demand. C)Keynes' law. D)Say's law.
Brand: Quizplus
Rating: 4.8 (40 reviews)

Question

Quizplus · Accepted Answer

This idea is known as Say's law, which states that the production of goods and services generates the income necessary to purchase them, therefore supply creates its own demand.

The Idea That Supply Creates Its Own Demand Is Known