Question

explain demand and supply​

Answer 1

Answer:

Supply and demand, in economics, relationship between the quantity of a commodity that producers wish to sell at various prices and the quantity that consumers wish to buy. ... In equilibrium the quantity of a good supplied by producers equals the quantity demanded by consumers.

Explanation:

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Answer 2

#Demand refers to how much of that product, item, commodity, or service consumers are willing and able to purchase at a particular price. In other words.

#Supply pertains to how much the producers of a product or service are willing to produce and can provide to the market with limited amount of resources available.