1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
kotykmax [81]
3 years ago
10

Explain how supply and demand affects consumers and businesses

Social Studies
2 answers:
Georgia [21]3 years ago
8 0
The higher the demand for any good or service, the more the supplier can charge.For example, gas is a necessity, so the supplier can exploit our need for it by making us pay whatever they want.... we are their Mercy.If has was not a necessity and we do without it, it would be a lot cheaper.
Business succeed when they give the consumer what they want or need.The better the product/greater the need, the more of a desired object it is and the business can take liberty at raising the price.
Products that are not as desirable, for whatever reason, don't have such a "pull" for price hikes.

Hope this helpled.
aleksandrvk [35]3 years ago
3 0
If a product is in high demand<span> the </span>supply<span> has to go up which can increase prices because of the </span>demand<span>.</span>
You might be interested in
The purpose of a primary election is to​
san4es73 [151]

Answer:

The purpose of a primary election is to narrow the field of candidates before a general election. Primary elections allow the people to play a larger role in the nominations of the party. The two main types of primary elections in the United States are open and closed elections. In a closed primary election, only voters who are registered to a specific political party are eligible to vote.

I hope this helped, have an awesome day!

4 0
3 years ago
12
Ber [7]

Answer:

I am guessing <u><em>A.) Yearly Migration</em></u>

Explanation:

The reason why I think this is because;

Option B, is part of civilization. We use it in our every day lives.

Option C, is also part of civilization. How else will we be alive right now in the United States?

Option D, is the main part of civilization.

On the other hand, <u><em>Option A.) Yearly Migration</em></u> is the correct choice, because it doesn't really make any sense why it should be part of a civilization.

5 0
3 years ago
A group of chemists, who have been working together on a new diet pill for the last four years, meet to discuss their new drug.
Ksenya-84 [330]
<span>The psychological phenomenon that has occurred here is called group think. Group think is a phenomenon that exists when group harmony or group peace in their efforts to work together outweighs the most accurate results. Here, the results were put second to the ability of all group members to work well together. Thus, the experiment was compromised.</span>
4 0
3 years ago
How are the indigenous people of Australia New Zealand working to revive the traditional cultures? Choose all that are correct.
Masteriza [31]

Answer:

d

Explanation:

because by using boomerangs for recreatation it helps

3 0
3 years ago
Read 2 more answers
Who else came to the new world with the conquistadors and why did they come
Vitek1552 [10]
During the age of exploration, the spanish conquistadors arose to the america in exploration of the three G's: gold, glory, and God. The spanish crown acknowledged the gold and glory and the catholic church acknowledged the converts.
6 0
3 years ago
Read 2 more answers
Other questions:
  • If the fed reduces interest rates the number of jobs will increase or decrease? which one?
    11·1 answer
  • Optimists tend to attribute their success to _____ and their failures to _____
    15·2 answers
  • Which types of goods and services can be targeted for price controls?
    9·2 answers
  • Aristole used the term democracy to describe what?
    7·1 answer
  • Explain the difference between testimonial evidence and physical evidence
    5·1 answer
  • How do physical systems and human systems shape a place? Give specific examples showing why the highland regions have attracted
    8·1 answer
  • A literary or dramatic character who undergoes an important inner change, as in a change in personality or attitude is known as
    9·1 answer
  • What are the three of Nepalese painting?Give a short introduction to each.​
    13·1 answer
  • why was ellis island call by some the “Golden door” to America why did others call it the isle of tears what do you think is bet
    10·1 answer
  • The line imaginatively she is of the highest importance; practically she is completely insignificant is an example of what type
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!