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

Question

Quizplus · Accepted Answer

Say's law states that production and supply create their own demand, meaning that the act of producing and supplying goods generates the necessary income and purchasing power for consumers to buy those goods, creating a self-sustaining cycle of economic activity.

The Idea That Supply Creates Its Own Demand Is Known