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

You want to fill a 2-foot shelf with framed pictures.There are x pictures in 4-inch frames and y pictures in 8-inch frames. Write an function for this situation
Write the equation in slope-intercept form. 2/3(6y+9)=3/5(15x-20)
jan has $37.50. tickets to concert cost $5.25 each. how many tickets can she buy
Find the unknown side length for the rectangle. Area = 1.5 m2 A. 1 m B. 1.5 m C. 2 m D. 3 m
Window design. A triangular window on Ross camp's new scary boat has two sides that measure 87 centimeters 64 centimeter, respectively. The perimeter of the tri
How do you change Newtons into kilograms
the area of a parallelogram with a height of 6 meters is 126 square meters what is the base length of the parallelogram
y=-2x-1 slope intercept graph
When you round 6 5/11 what's the nearest whole number
how would you classify the relationship between the age of people on the number of books they read