Wendie asked in Social ScienceEconomics · 1 month ago

what is the theory supply and demand?

2 Answers

  • JuanB
    Lv 7
    1 month ago

    At any given price of a good or service, you will get a quantity supplied, and a quantity demanded

  • Oiy
    Lv 6
    1 month ago

    If the price of a good rises, the quantity demanded will decline, but the quantity supplied will rise.

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