halfbreedaaron38 halfbreedaaron38
  • 16-10-2020
  • Business
contestada

How do supply and demand help determine the price of a product?

Respuesta :

lmgels712 lmgels712
  • 16-10-2020

Answer:

if supply is low but demand is high the price will go up due to limited supply however if demand is low and supply is high the price will be lower because there is a surplus of supplies and not very many people buying it  

Explanation:

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hspeers2 hspeers2
  • 29-10-2021

Answer:

By creating a balance between buyers who want low prices and sellers who want high prices

Explanation:

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