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Levart [38]
2 years ago
11

-. What are the basic laws of supply and demand?

History
2 answers:
Oksana_A [137]2 years ago
6 0

Answer:

If i have a product that i made a lot of then i have the supply. But if nobody wants the product there is no demand.

Like the ps5 for example.  The demand is very high but the supply is very low.

stira [4]2 years ago
6 0

Answer: The law of supply states that the quantity of a good supplied (i.e., the amount owners or producers offer for sale) rises as the market price rises, and falls as the price falls. Conversely, the law of demand (see demand) says that the quantity of a good demanded falls as the price rises, and vice versa.

Explanation:

Hope this helps :) Can u plz mark me branliest. I never answer question for just the pionts I answer them with a full on right respons and a branliest would be nice :)

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