akashallang akashallang
  • 09-04-2020
  • Social Studies
contestada

Explain the theory of Supply and Demand. How do Supply and Demand affect the price of an item in a market system?

Respuesta :

mela323
mela323 mela323
  • 09-04-2020

Answer:

how to make a profit

Explanation:

The more the demand the higher the price the less of the demand the lower the price

Answer Link
lolabecherer
lolabecherer lolabecherer
  • 09-04-2020

Answer:

depending on the demand of a product the price goes up or down. for example, When supply of a product goes up, the price of a product goes down and demand for the product can rise because it costs loss.

Hope this helps:) please give me brainliest answer!

Answer Link

Otras preguntas

Who united ancient Egypt? A. Narmer B. Zoser C. Tutankhamen D. Amenhotep IV
Is 3/4 larger than 6/7
9. Relis le poème Déjeuner de matin. Écoute le poème sur la cassette si tu veux. Remarque le rythme et les rimes. Puis fais l’exercice suivant et agrafe-le dans
divide 48 pieces of clothing into 2 groups so the ratio is 1 to 3
What was a result of the Battle of Antietam? the collapse of the Whig Party the admission of Texas as a slave state the passage of the Missouri Compromise the i
How do you subtract a integer from another integer without using a number line or counters
What is one problem today that is caused by people having too much liberty?
Acosta 10 oranges is $1 what is the cost of five dozen oranges
What is one problem today that is caused by people having too much liberty?
A local gaming club has more than 2 but fewer than 20 members. Every member of the group purchased a signed copy of the latest book from the legendary Dumas, fo