4 years ago

Supply and price have what type of relationship?

Advanced Placement (AP)

1 answer:

katrin2010 [14]4 years ago

7 0

Explanation:

For this, I will use roses to explain.

If the price of roses increases, the demand will decrease, but the supply will increase. This is proven by the law of supply and demand. This happens because if the supplier can make more money from a product, more people will want to sell the product. But if the price goes down, not that many people will want to sell that.

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