44.2k views
2 votes
What influence does local agriculture have on supply and demand for fruits and vegetables at local stores?

User Sfelber
by
7.5k points

1 Answer

2 votes

answer

Long-term relationship between prices and demand. Long-term balance between supply and demand. Figure 6 shows that the lower the price, the greater will be the demand. However, as the price goes down less will eventually be supplied (because farmers will produce less). Conversely, the higher the price, the more will be supplied.

Step-by-step explanation:

User Samuel Yung
by
7.3k points