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erma4kov [3.2K]
2 years ago
13

Explain how demand works in economics?

Social Studies
1 answer:
Natalija [7]2 years ago
5 0
If you’re talking about supply and demand, demand is how much people want of something, and the suppliers how much of it is available. If there is more demand then there is supply, the price of the product will go up. If there is more supplied and there is demand, the price will go down.
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