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Alex
4 years ago
6

How might the law of supply and demand affect an individual seller? How might it affect a buyer?

Social Studies
1 answer:
aliya0001 [1]4 years ago
3 0
              <span> The law of supply and demand is basically this: The value of something is commensurate with the demand of that something with the availability of that something.

Take widgets. You have widgetA and widgetB.

Not too many people want widgetA; there's not a high demand for widgetA. Also, there are a lot of widgetA's available for purchase.

Now, on the other hand, lots of people want a widgetB. Also, the number of widgetBs produced do not keep up with the demand for widgetB.

Considering the top two hypotheticals: Joe sells widgets. He stocks both widgetAs and widgetBs. Because his supply of widgetAs exceeds the demand (number of customers who want to buy them) he will be forced to sell them for less than he could sell widgetBs because his supply of widgetBs is less than the demand for them.

The higher the demand, the lower the supply, the higher the cost.
The lower the demand, the higher the supply, the lower the cost.
</span>
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According to the principle of reciprocal concessions, amal's dad is more likely to comply with her request to buy her a used car
jenyasd209 [6]
<span>If Jamal previously asked for a new car and her dad said no to that request. This concept is used in the area of negotiations; <span>when something is being negotiated and started at a higher level (for example a high price) and this level is then lowered, an agreement is more likely to be reached.

I hope this information can help you.
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4 0
3 years ago
Moments before his exam, Daniel glances through a chapter on bioreactors in his textbook—a chapter that he has not looked at bef
iren2701 [21]

Answer:

Shallow

Explanation:

According to my research on studies conducted by neurologists, I can say that based on the information provided within the question the highest level of processing that Daniel engaged in was Shallow. There are three levels of processing Shallow, Intermediate, and Deep. During the Shallow process, the individual focuses on the physical structure of the study. This is as far as Daniel got in the levels of processing since he can only remember how the reactors look.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

6 0
3 years ago
Why was all the amendments passed
krok68 [10]
They were passed so that the US could have written down laws to abide by. If it’s multiple choice, then you have to put the answers. Give Brainliest pls lol
8 0
3 years ago
__________ sustains the benefits of growing up in an economically advantaged family and can reduce the negative impact of a stre
andre [41]

Answer:

Option A

Explanation:

The benefits of growing up in an economically advantaged family is that it reduces negative impact ,because children from such homes, displays good understanding and relationship. To sustain this, A good child care needs to continue to exist, they need to take good care or the children, so that the children will behave well in the society, thereby reducing stress on the side of the parent and poverty stricken homes because these kids from such home would have learnt how to take care and love the society.

4 0
3 years ago
The relationship between two organism where one benefits and the other is neither harmed nor helped
ElenaW [278]

Answer:

may be it is virus and bacteria

Explanation:

causr virus harms and thier are mainy advantages of bacteria

6 0
3 years ago
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