The price declines until demand increases.
When demand is greater than supply a supply shortage or scarcity arises and prices increase.
They rise. Supply & demand.
If the demand for money is greater than the supply, interest rates will go up.Whenever the demand for anything is greater than the available supply, the price goes up.
When both supply and demand shift to the right, the equilibrium price will increase if the increase in demand is greater than the increase in supply. Conversely, the equilibrium price will decrease if the increase in supply is greater than the increase in demand.
demand will always be greater than supply
When demand is greater than supply a supply shortage or scarcity arises and prices increase.
They rise. Supply & demand.
If the demand for money is greater than the supply, interest rates will go up.Whenever the demand for anything is greater than the available supply, the price goes up.
When both supply and demand shift to the right, the equilibrium price will increase if the increase in demand is greater than the increase in supply. Conversely, the equilibrium price will decrease if the increase in supply is greater than the increase in demand.
Depression
demand will always be greater than supply
The price often come down as suppliers try to shift slow selling stock.
The law of supply and demand states that when the demand for an item or service is greater than the supply of that item or service, the price goes up, but when the supply of an item or service is greater than the demand for that item or service, the price for that item or service goes down. That is why scalpers can sell tickets to the World Series for more than the original price, since there are more people who want to attend (demand)than there are tickets (supply).
The law of supply and demand states that when the demand for an item or service is greater than the supply of that item or service, the price goes up, but when the supply of an item or service is greater than the demand for that item or service, the price for that item or service goes down. That is why scalpers can sell tickets to the World Series for more than the original price, since there are more people who want to attend (demand)than there are tickets (supply).
People are wanting more than there is available. ie. Demand is greater than supply.
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.
Scarcity results when the demand for a good or service is greater than its supply.