starwarfan101
starwarfan101 starwarfan101
  • 07-06-2017
  • History
contestada

explain the relationship between supply, demand and price.

Respuesta :

Kms7
Kms7 Kms7
  • 07-06-2017
Demand refers to how much (quantity) of a product or service is desired by buyers
Supply represents how much the market can offer
Answer Link

Otras preguntas

in both Britain and the United states, what happened in the 1870s that limited child labor
Select the person who would have been most likely to make this statement. 1. (1 pt) We must recognize the impending danger to the United States. The Lend-Lease
What is the economic term for the indirect effects of markets that are not corrected within the markets? good or bad fortune non-economic happenings unrelated e
What term describes a candidate that focuses on creating new social patterns or values with direct government action? conservative liberal radical reactionary
5. The countries surrounding the _______ are the richest in oil supplies. Nile River Black Sea Persian Gulf Mediterranean Sea 5. The countries surrounding the _
in 1775,the population of the colonies included about. African slaves
Civil disobedience is the idea that?
The United Nations replaced the _____. A. League of Countries B. United Countries C. League of Nations
To what did the U.S. Supreme Court case Brown v. Board of Education refer? A. women's rights in America B. racial segregation in American schools C. the 1960s c
Why did the United States want to remain neutral in the European war? America was very busy dealing with the progressives and other problems. America not did no