Was the price higher or lower than the day before? (F)

1 answer:

6 0

The simple reason why prices of a commodity go up and down is because if more people want to buy a particular stock (demand) than sell it (supply), then the price moves up.

The price of a commodity will go down if more people wanted to sell a stock than buy it, there would be greater supply than demand.

<h3>What is economics?</h3>

Economics can simply be defined as a social science which studies human behavior in relation ends and scarce means which have alternative uses

So therefore, the simple reason why prices of a commodity go up and down is if more people want to buy a particular stock (demand) than sell it (supply), then the price moves up.

Complete question:

What makes price go up and down?

Learn more about demand and supply:

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