Register
Explain the concepts of supply and demand and how they affect prices
198k views
5 votes
Explain the concepts of supply and demand and how they affect prices

User Dereon
by
4.3k points

1 Answer

3 votes
The concepts of supply and demand affect prices because if the supply is low and the demand is high the cost will be more but if the supply is high and the demand is low the cost will also be low.
User Yonatan Brand
by
5.1k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

5.2m questions

6.8m answers

Other Questions

The appellate court system in Georgia was established by what? A. state statute B. U.S. Statute C. Constitutional amendment D. the supreme court​
Which of the following is a content theory that proposes that people are motivated by physiological, safety, belongingness, esteem, and self-actualization needs? a. Contingency theory b. Process theory
Need immediate answer! Giving 5 stars and thanks if you're correct. Checking after test! "It's important to judge others by their merits, rather than their appearance." Which passage from the strangers
"Be loyal to your family" was what the child heard all the time, along with "You shouldn't— and can't—do it on your own, so don't even try." A behaviorist would say this kind of upbringing would be MOST
People who take a "marble cake" view of federalism believe thatstate governments are too weak to meet most citizen needsstate governments are supreme over the national governmentnational and state governments
Link Copied!