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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.
Wiki User
∙ 15y ago
Wiki User
∙ 10y agoWhat is the role of supply and demand in decision making? Provide a real-world example.
Wiki User
∙ 12y agoDemand is an amount of thing which a person is willing to buy at a given price. For ex... A mobile cost of Rs15000 and at this price a person wants to buy.
and,
Supply is a that part of stock which is offered to sale by a seller at a given price in a given period of time.
For ex... A person has demand nokia C6 and it is not avialable at seller. And seller has given a time to bring.
Wiki User
∙ 15y agoWhen the Nintindo Wii first came out, it was very popular and sought after. Thus, the Demand was high. There were not many available, thus the Supply was low.
Wiki User
∙ 16y agoThe most predominant examples are the automotive and petroleum industries.
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Give three examples that cause supply to increase?
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.
Five examples of supply and demand?
drug dealers........drug addicts
Demand rises and supply is constant?
No. If demand rises, then supply falls. Transveresly, if demand falls, then supply rises.
What happens if there is not enough supply for the demand?
If there is not enough supply for the demand, the demand won´t be able to buy the supply
Sentence with supply and demand?
Her supply of tight sweaters increases the demand for her as a date on the weekend.
Give three examples that cause supply to increase?
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.
Examples of Law of Supply and Demand?
ebay
Five examples of supply and demand?
drug dealers........drug addicts
What are some examples of Supply What are some examples of Demand?
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.
Demand rises and supply is constant?
No. If demand rises, then supply falls. Transveresly, if demand falls, then supply rises.
What happens if there is not enough supply for the demand?
If there is not enough supply for the demand, the demand won´t be able to buy the supply
Law of demand and supply?
Consumers is the law of supply and demand.
Sentence with supply and demand?
Her supply of tight sweaters increases the demand for her as a date on the weekend.
What happens if theres more demand than supply?
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.
What happens if there is more supply than demand?
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.
Why demand curve slops downward from left to right?
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.
Theory of demand supply?
The theory of supply and demand is that when supply are plentiful, they are typically more affordable and easier to find. When supply is low, demand and prices increase as a result.
