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lutik1710 [3]
3 years ago
12

What is the principle of supply and demand?

Business
2 answers:
ch4aika [34]3 years ago
8 0

Answer:

erm

Explanation:

The more supply, the less demand. The less supply, the more demand.

sashaice [31]3 years ago
5 0

Answer:

This is a theory that says interaction between sellers of a resource and the buyers of that resource.

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Answer:

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Explanation:

"Substitutes are goods where you can consume one in place of the other. The prices of complementary or substitute goods also shift the demand curve. When the price of a good that complements a good decreases, then the quantity demanded of one increases and the demand for the other increases. When the price of a substitute good decreases, the quantity demanded for that good increases, but the demand for the good that it is being substituted for decreases. "

Reference: Khan Academy. “Price of Related Products and Demand.” Khan Academy, Khan Academy, 2019

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