Supply and Demand Effects farmers in various ways:
- Demand Increase: Price increases, Quantity increases.
- Supply Increase: Price decreases, Quantity increases.
- Demand Decrease: Price decreases, Quantity decreases.
- Supply Decrease: Price increases, Quantity decreases.
<u>Explanation:</u>
Supply and demand, as well as market prices, will rise and fall until they achieve a balance, which is called market equilibrium. As a response to decline the sales, farmers will have to lower the prices until the demand for product increases.
If a farmer set a price which is too high, thus the demand will decrease. If the market price is high, the interest of producers for a certain product or service will increase.
Answer:
Samudra Gupta
Explanation:
Because I took the quiz too and i got 5/5
Answer:
Explanation: guy who is this and what is the cost of the post of luck good by me and I
France helped provide troops, money and military leadership to the Americans. They made a treaty of alliance which means they were allies against Great Britain.
