Ask Question
22 February, 06:23

These would change what part of the market? A) Supply B) Demand C) Law of Supply D) Law of Demand

+1
Answers (1)
  1. 22 February, 09:02
    0
    The correct answer is "B".

    Demand is the actual need for a certain product or service in an economic system. When demand rises, prices rise due to the "scarcity" of the product, in other words, there is only a limited supply of it. The price of the demanded product will rise until the available amount of it (the supply) matches the existent demand.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “These would change what part of the market? A) Supply B) Demand C) Law of Supply D) Law of Demand ...” in 📙 History if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers