Say's law states that
A) supply creates its own demand.
B) supply and demand are never equal.
C) demand may be greater than supply.
D) supply will usually be greater than demand.

Question

Quizplus · Accepted Answer

Say's law states that supply creates its own demand, meaning that producers will always find buyers for their goods and services if they bring them to market. This implies that supply and demand will always be in balance in a free market economy. Therefore, Option A is the correct choice. Options B, C, and D are incorrect as they do not represent the essence of Say's law.

Say's Law States That