Question

How does supply and demand affect consumers?

A. It controls how much we pay for goods and services.
OB. It controls how we pay for goods and services.
C.
It controls where we buy goods and services.

Answer 1

A) It controls how much we pay for goods and services.

If the demand goes up, so will price.

if the demand goes down, so will price.

If the supply goes up, price usually drops.

if the supply goes down, price usually increases.

Hope this helps :)