Drug dealers acquire less drugs to sell. Maybe there is increased smuggling enforcement. Less drugs on the street. Assuming the same number of people want it the dealer can raise prices to people who want and can afford drugs the most. And those who want drugs only a little will be discouraged of the higher price and might move to a cheaper "high" like alcohol.
Three examples that cause supply to increase are overproduction, inflation and lack of demand. Lack of demand for supply can create the supply to increase eventually.
drug dealers........drug addicts
In a supply and demand graph, market equilibrium occurs where the supply and demand curves intersect, indicating a balance between the quantity of goods or services supplied and the quantity demanded. At this point, the price is stable and there is no shortage or surplus in the market. Examples of supply and demand graphs showing market equilibrium can be found in economics textbooks or online resources.
No. If demand rises, then supply falls. Transveresly, if demand falls, then supply rises.
If there is not enough supply for the demand, the demand won´t be able to buy the supply
Three examples that cause supply to increase are overproduction, inflation and lack of demand. Lack of demand for supply can create the supply to increase eventually.
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drug dealers........drug addicts
In a supply and demand graph, market equilibrium occurs where the supply and demand curves intersect, indicating a balance between the quantity of goods or services supplied and the quantity demanded. At this point, the price is stable and there is no shortage or surplus in the market. Examples of supply and demand graphs showing market equilibrium can be found in economics textbooks or online resources.
Price is no determinate on demand when it comes to food being needed to feed the famine-stricken; it is likewise no determinate of supply when an overabundance of rainfall causes flooding and destruction regardless of water needs.
No. If demand rises, then supply falls. Transveresly, if demand falls, then supply rises.
If there is not enough supply for the demand, the demand won´t be able to buy the supply
Consumers is the law of supply and demand.
Her supply of tight sweaters increases the demand for her as a date on the weekend.
When there is more supply than demand, there is commonly a drop in price of the product in an effort to increase the demand and achieve the equilibrium between supply and demand once again. Supply and demand are like a see-saw. As supply goes down, demand goes up; as demand goes up, supply goes down.
When there is more supply than demand, there is commonly a drop in price of the product in an effort to increase the demand and achieve the equilibrium between supply and demand once again. Supply and demand are like a see-saw. As supply goes down, demand goes up; as demand goes up, supply goes down.
The demand / supply graph is designed to have supply on the vertical axis (Y) and demand on the horizontal (X). Thus you will have a higher supply = lower demand, or lower supply = high demand.