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Sometimes supply, sometimes demand.

Certain items are invented before there is a great demand for them. EX: a piano.

Other items are created because there is a great demand already. EX: the automobile.

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16y ago

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Could you give me an example of demand and supply in economics?

first you demand the blowjob, then they supply it!


Law of supply and demand which one starts?

In the law of supply and demand, the first to start is the demand as customers are wanting the particular service or product that is being offered.


What does supply and demand have in common?

They're both words that came up a lot in commerce.


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 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.


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.


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.


What happens to the price of an object when the demand is high?

The first basic law of supply and demand is: If demand increases and supply remains unchanged, a shortage occurs, leading to a higher equilibrium price. So the price goes up.


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.

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