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
ivolga24 [154]
3 years ago
5

What is supply and demand

Social Studies
2 answers:
Otrada [13]3 years ago
8 0

Answer:

the amount of a commodity, product, or service available and the desire of buyers for it, considered as factors regulating its price.

Explanation:

i hope this helps...

Margaret [11]3 years ago
3 0

Answer:

Explanation:

Supply and demand should be thought of together. Suppose you need a hairbrush. You go to your local pharmacy and ask one of the clerks if they stock hairbrushes. They say no they don't. If the pharmacy is supposed to have hairbrushes and they don't, then the supply side does not meet the demand. That's too little supply.

So next you try the nearest grocery store and they say "Yes. For you it's $2.99."

Now you represent the demand, and the store represents supply. They have the hairbrush you want. But the store won't stock hairbrushes if in the last year, you are their first customer who wanted a hairbrush. You still provide the demand, but there is no supplier. So you go without a hairbrush.

The same thing can happen to the supply side. The store has 25 hairbrushes. You only want one. There are too many brushes on the supply side. The store, if they do that with everything, will go broke. Too much supply is just as bad as not enough.

You might be interested in
When encouraged to eat their fill of M&M's, people ate more when given a large rather than a small serving scoop. This most
denis-greek [22]

Answer:

unit bias                                                                                      

Explanation:

Bias: The term bias is defined as the propensity of an individual to get involved in taking action or to make decisions irrationally.

Unit bias: In psychology, the term unit bias is referred to as the propensity of an individual to desire to fulfill or complete a particular task or an item. An individual tends to complete the portion of work he or she is supposed to irrespective of size and create a perception to complete that satisfies him or her.

4 0
3 years ago
How does elastic rebound take place during an earthquake?
PolarNik [594]
<h2>Hope this helps you with your homework :)</h2>

8 0
3 years ago
britain wanted control over the blank because it was the shortest naval route between blank and the blank
irina [24]

Answer:

Suez Canal

Between Europe and Asia

Explanation:

6 0
3 years ago
Read 2 more answers
WILL UPVOTE
tatiyna
It shows that the president gets to check in on the other branches and see if they are doing something they shouldn'. It shows that the president has a say in the other branches and other branches have a say to his.
7 0
3 years ago
As chief of party, President Barack Obama rewarded his faithful supporters by appointing them to cabinet positions
jenyasd209 [6]
D. Statutory power was used
4 0
3 years ago
Other questions:
  • Which option best describes the role of citizens in a dictatorship?
    11·2 answers
  • What is income paid to the owner of land labor or capital in return for productive service called
    11·1 answer
  • Some films that are presented as ____ may be called propaganda by some people, such as films by michael moore.
    12·2 answers
  • Self-esteem is a collective product of your life experiences true or false
    15·1 answer
  • Define minutemen. How did they get their name? What side were they working for: British or Patriots?
    8·2 answers
  • Which step should occur before taking action in problem-solving<br> process?
    8·1 answer
  • Which region did the angles most likely settle
    7·1 answer
  • Please help 10 points plus brain
    13·2 answers
  • . What 2 reasons account for the increase in New England’s population &amp; what was an effect of this?
    10·1 answer
  • Psychological health exists on a continuum and where we fall on that continuum varies from time from time.
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!