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Supply and demand is:

A. an advertising principle that the value of a product is directly
proportional to how many public figures and celebrities use it.
B. an advertising method supporting the idea that if you show several
products being used in an ad, more people will want to buy them.
C. an economic idea that the value of something is determined
how much of it exists in relation to how much consumers want it.
D. an economic principle supporting the idea that the quicker
something is made, the sooner it can be sold on the open market.

1 Answer

5 votes

Answer:

C.

Step-by-step explanation:

Consumers wanting it is the demand.

So if fewer want it, it might be made less.

if more want it, it might be made more often.

If it's in high demand, it might also cost more to get, as more people want it.

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