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kiruha [24]
3 years ago
14

Explain the law of supply and demand​

Social Studies
2 answers:
serious [3.7K]3 years ago
7 0

Answer:  The law of supply and demand is that as your supply raises your demand drops and visa versa.

Example: Supply:++++++++

                 Demand:++

-----------------------------------------------

                 Supply:++

                 Demand:++++++++

Travka [436]3 years ago
7 0

The law of supply is that the quantity of a good supply goes up as the market price rises, and falls as the price falls. The law of demand is that the quantity of a good demanded falls as the price rises, and vice versa.

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