According to Say's law,
A) the demand curve is negatively sloped.
B) the supply curve is positively sloped.
C) supply creates its own demand.
D) economic units should produce those goods for which they are low-opportunity-cost producers.

Question

Quizplus · Accepted Answer

Say's law states that supply creates its own demand, meaning that the production of goods and services generates income, which in turn leads to demand for those goods and services. This implies that there cannot be a general overproduction or oversupply of goods in an economy, as the income generated from production will eventually lead to increased demand for those goods.

According to Say's Law