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What is Supply and Demand?

What are the determinants of demand and can you find supply using d...

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What is Supply and Demand?

What are the determinants of demand and can you find supply using demand.

Answer

Anything that makes the cost of a product or service go up will decrease the demand within Supply and Demand basic economics. However this doesn't always apply to real world scenarios.

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Virtual Teaching Assistant: Jared M.
Question Level: Basic
Karma: Free
Upload Date: 6/19/2017

This 18 words question was answered by Jared M. on StudySoup on 6/19/2017. The question contains content related to Macro Economics and Business. Since its upload, it has received 108 views.

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