The law of supply is a federal regulation that prevents monopolies from charging too much.

Name: The law of supply is a federal regulation that prevents monopolies from charging too much.
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Quizplus · Accepted Answer

The law of supply is actually the principle that describes the relationship between the price of a good and the quantity supplied by producers. It is a basic economic principle and not a federal regulation related to monopolies.

The Law of Supply Is a Federal Regulation That Prevents