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

John decided to start saving for college. He deposited $500 into an account which earns 4% simple annual interest. At the end of each year, he will add $250 to
Urgent!! Please help! What would the equation for this word problem be?
What is the surface area of the cube? Drag and drop the correct surface area to match the cube. cube with edge length = 3.2 m A 12.8 B 19.2 C 51.2 D 61.44
When most people immigrated to America they __________. Select all that apply. A)moved to the west and settled on homesteads B)came through Ellis Island and rea
How is the nervous system classified structurally
please Solve for x Log15 1 =x
Elements in the halogen group are a.very reactive b.have seven electrons in the outer shell c. react to form salts d.all of the above
The Supreme Court has original jurisdiction in cases _____. A. requiring judicial review B. involving two or more states C. involving a dispute between natio
Solve for x: 60x² - 66x + 6
How do you solve this