tankhunter64 tankhunter64

01-12-2020
Social Studies

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Explain how demand works in economics?

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jblaceface20 jblaceface20

01-12-2020

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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