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Anna [14]
3 years ago
7

discuss the influences of supply and demand in your daily life. describe one good and one service you use daily, and describe th

e supply and demand factors of each.
Business
1 answer:
tester [92]3 years ago
7 0

Answer:

I use coffee daily. The supply for the coffee I bought (Colombian Coffee) is few then the price is expensive.  As the price is expensive I can only buy 2 pounds of this item per month. My demand is affected for the price that producers set to this coffee. I would like to buy more but then the supply of this product is limited therefore the prices will always be high.

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Novosadov [1.4K]

Answer:

The correct answer is the first option: Because of our limited incomes conflicting with our insatiable wants for goods and services.

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