how does the demand affects the supply in the market
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we know that human demand are unlimited and resource are limited.
as a result affect in supply. eg :- we are consumer one market and one day all people are demand in like mango than at this day supplier are increased in rate of quantity as a result at a time mango are finished and he again purchase but fact is demand increase and supply also increase and same time rate also increase
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Hope it will help
Explanation:
When demand exceeds supply, prices tend to rise. ... If there is an increase in supply for goods and services while demand remains the same, prices tend to fall to a lower equilibrium price and a higher equilibrium quantity of goods and services.
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