amayachatman
amayachatman amayachatman
  • 04-09-2019
  • Social Studies
contestada

How do supply and demand work together to determine price ?

Respuesta :

braidedfun braidedfun
  • 05-09-2019

Answer:

If supply is higher than demand, the price will drop because the company wants the product to sell so they can make something that will sell better. If demand is higher than supply, the price gets raised because the company wants to make as much money as possible.

Explanation:

Answer Link

Otras preguntas

Find the sum of the geometric sequence –3, 15, –75, 375, … when there are 9 terms and select the correct answer below. A. -976,563 B.976,563 C.1,464,843 D.976,5
What is an ariel perspective?
After taking power, one action that Napoleon refused to take was to
how do you say garden in french
write an expression that has two terms. Your expression should have a variable and a constant
Thermal conductors don’t have to be hot to transfer heat. According to Ch.16, explain a situation when an ice cube would still transfer heat to another object
Was every class represented in the roman republic
An important financial center in Europe is
Which of the following statements about the number line is true? A. Numbers get larger as you move to the left on the number line. B. Numbers get smaller as yo
reptiles es aguda llana o esdrujula