tdmdan1004
tdmdan1004 tdmdan1004
  • 01-10-2020
  • Business
contestada

7. What is supply and demand? Give me an example of a supply and demand currently?

Respuesta :

Kurooo
Kurooo Kurooo
  • 04-10-2020

Answer:

Supplier sells the goods at various prices, depending on how much consumers want it, and at the rate that the goods are being sold.

For example, now, during the pandemic,  face masks are now in very very high demand. Due to this, suppliers has now increased the price of the face masks, as to take advantage of the current situation

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