explain what happens inside curve sample
When demand curve intersects the supply curve.
If there is not enough supply for the demand, the demand won´t be able to buy the supply
Then demand and supply are equal.
what is a vicious circle of poverty show it or explain from both demand and supply sides
When demand decreases, supply increases.
When demand curve intersects the supply curve.
If there is not enough supply for the demand, the demand won´t be able to buy the supply
Then demand and supply are equal.
what is a vicious circle of poverty show it or explain from both demand and supply sides
According to the law of supply and demand when supply increases, prices will decrease.
When demand decreases, supply increases.
When demand is greater than supply a supply shortage or scarcity arises and prices increase.
Prices will fall when the demand is much lower than the supply. When the supply is lower, there is greater demand, therefore, the prices will rise.
If demand decreases and supply is constant, the price will increase.
They rise. Supply & demand.
If the price decreases then the economic law of demand & supply comes in operation with increase in demand and decrease in supply, as the producer will not supply at the price unsuitable to them in the market .
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