answersLogoWhite

0

The law of supply and demand describes the relationship between an item's availability and its value. Essentially, as the availability of a good decreases and demand remains constant, the value or price of the item tends to increase. Conversely, if availability increases and demand stays the same, the value or price of the item would likely decrease.

User Avatar

AnswerBot

1y ago

What else can I help you with?

Related Questions

What refers to size relationship between parts of whole or between items percieved as a unit?

Porportion


What is the preposition in the sentence?

in


Is ''to'' a peposition?

Yes, ''to'' is a preposition. It is commonly used to indicate direction, location, or relationship between items in a sentence.


What relationship is there between a waffle and avocado?

both are food items both have calories and both are made of matter.


If that is to this then what is those to?

The phrase "If that is to this, then what is those to" suggests a comparison or relationship between two pairs of items. To answer it, one would need to identify the specific items being compared. Generally, it implies that if one set has a defined relationship, then the other set should have a corresponding relationship that can be identified or inferred.


What equation represents a function?

A function tries to define these relationsips. It tries to give the relationship a mathematical form. An equation is a mathematical way of looking at the relationship between concepts or items. These concepts or items ar represented by what are called variables.


What equation represent functions?

A function tries to define these relationsips. It tries to give the relationship a mathematical form. An equation is a mathematical way of looking at the relationship between concepts or items. These concepts or items ar represented by what are called variables.


What is Detail relationship between hardware software and user?

They both invole a computer and downloading items or anything you want.


A production possibilities curve shows the relationship between the production of which two items?

any two categories of goods


Which term describes the items above?

revenue


What is the best way in SPSS to find out the strength of the relationship between the financial trends of a bank and the industry using financial statement items?

The best way in SPSS to find out the strength of the relationship between the financial trends of a bank and the industry using financial statement items is to use the determinants of Bank Profitability.


What is the current availability of washer and dryer set clearance items?

The current availability of washer and dryer set clearance items varies depending on the store and location. It is recommended to check with specific retailers or online platforms for the most up-to-date information on clearance items.