Question

Marking as Brainliest.

*Explain how Supply and demand and the use of substitutes in the market affects the prices?

Answer 1

supply and demand in these of substitutes in the market affect the prices because a substitute is Goods that satisfy similar need or like a desire and like increase the price of good witch increase the demand for its substitute while like antifreeze in the price of Good Will decreased demand for its substitute

Answer 2

When the demand is high and the supply is low, prices increase.

When the demand is low and the supply is high, prices decrease.