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Supply and demand are vital to consumers. If a product is in high demand the supply has to go up which can increase prices because of the demand. Prices end up going up because more has to be shipped and it would have to get to the location of demand in a certain time.
supply and demand. If more people want it, it is in greater demand thus the price is more; if less people want it, the opposite is true.
Fluctuations in the price of goods. The affect of demand on price is directly proportional and supply's affect on price is indirectly proportional.
businesses can charge more if supply is limited and demand is high
A demand and supply curve is used in economic to show that in a competitive market, the price of a product will vary depending on the need of the consumers.
Supply and demand are vital to consumers. If a product is in high demand the supply has to go up which can increase prices because of the demand. Prices end up going up because more has to be shipped and it would have to get to the location of demand in a certain time.
Consumers is the law of supply and demand.
supply and demand. If more people want it, it is in greater demand thus the price is more; if less people want it, the opposite is true.
Fluctuations in the price of goods. The affect of demand on price is directly proportional and supply's affect on price is indirectly proportional.
If significant numbers of people decided to have more children, it may affect supply and demand. It would lead to more demand and less supply.
businesses can charge more if supply is limited and demand is high
A demand and supply curve is used in economic to show that in a competitive market, the price of a product will vary depending on the need of the consumers.
A demand and supply curve is used in economic to show that in a competitive market, the price of a product will vary depending on the need of the consumers.
Increase in expansion affect the demand because more supply/expansion with constant demand will lead to excess in expansion which affect the demand.
The law of supply & demand. The auto manufactures build what we consumers damand.The law of supply & demand. The auto manufactures build what we consumers damand.
Demand from consumers.
1. How do supply and demand affect choices?