SUPPLY AND DEMAND

by: Kaleigha R.

Demand

Demand is the desire, willingness, and ability to buy a good or service.

Why does demand Change?

Demand changes because it might not be as popular or wanted anymore or the price could be to high.

Supply

Supply is the quantities of a good or service that producers are willing to sell at all possible marker prices.

Why does supply change?

Supply changes based on the price of the item or how much the item is preferred.

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