3 years ago

How does supply and demand effect businesses

Social Studies

1 answer:

damaskus [11]3 years ago

7 0

If there’s more of a demand for a product and that company has the supply, it is extremely beneficial to both ends.

If there’s more of a demand and not enough supply, this hurts the business because it’ll look bad on their part.

If there’s more supply than a demand, this can become a problem because there is no one to sell it to.

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