akashallang akashallang
  • 09-04-2020
  • Social Studies
contestada

Explain the theory of Supply and Demand. How do Supply and Demand affect the price of an item in a market system?

Respuesta :

mela323
mela323 mela323
  • 09-04-2020

Answer:

how to make a profit

Explanation:

The more the demand the higher the price the less of the demand the lower the price

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lolabecherer
lolabecherer lolabecherer
  • 09-04-2020

Answer:

depending on the demand of a product the price goes up or down. for example, When supply of a product goes up, the price of a product goes down and demand for the product can rise because it costs loss.

Hope this helps:) please give me brainliest answer!

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