1. Describe the relationship between supply, demand, and pricing.

1 answer:

5 0

Supply refers to the number of goods that are available. Demand refers to how many people want those goods. When the supply of a product ascends, the price of a product descends, and demand for the product can rise because it costs less. At some point, too much of a demand for the product will cause the supply to lessen. A fundamental economic principle that when supply exceeds demand for a good or service, prices fall. When demand surpasses supply, prices tend to rise. There is a flip-side relationship between the supplies and prices of goods and services when demand is not changed.

You might be interested in

Which statement would be an effective conclusion for the evaluation of an article on the potential threat of technology?

max2010maxim [7]

Answer:

Therefore, Wilson's argument that technology makes it more difficult for students to concentrate is thoroughly researched and provides ample supporting evidence.

Explanation:

3 0

4 years ago

What is the meaning of dehydrated

yawa3891 [41]

Dehydrated means to have lost a large amount of water from your body.

4 0

2 years ago

Read 2 more answers

PLS DONT ANSWER IF UR NOT GONNA DO IT AND I DONT GIVE BRAINLIEST FOR THIS QUESTION EITHER

Alchen [17]

Answer:

ok ill do it its gunna take a while tho

Explanation:

3 0

4 years ago

Read 2 more answers

To make an inference correctly, a reader should

AysviL [449]

A reader should use context clues

6 0

3 years ago

Read 2 more answers

Listen to what a group of tourists shopping at an open-air market say? and select the English equivalents of demonstrative adjec

Radda [10]

Your question is incomplete because it does not provide the recording to listen to. However, the audio tapescript of the recording is the following:

1. Cuánto cuesta este cinturón?

2. Quiero aquel sombrero.

3. Estas sandalias son baratas, ¿verdad?

4. Qué piensas de esa chaqueta?

Answer:

este: this
aquel: that
estas: these
esa: that

Explanation:

Demonstrative adjectives this, that, these and those are used to indicate pronouns and nouns.

Thus, this and that are used with singular nouns or pronouns, the first displaying closeness and the second certain remoteness. The Spanish equivalents for this are este (for masculine nouns and pronouns) and esta (for feminine ones). Similarly, the Spanish translations for that are ese or aquel (masculine) and esa and aquella (feminine).

On the othe hand, in the plural, the Spanish for these, indicating proximity, is estos (masculine) and estas (feminine). Meanwhile, those, which expresses distance, can be translated as esos or aquellos (masculine), and esas or aquellas (feminine).

8 0

4 years ago