Question

What is THEORY OF DEMAND AND SUPPLY​

Answer 1

Answer:

The law of supply and demand is a theory that explains the interaction between the sellers of a resource and the buyers for that resource. ... Generally, as price increases people are willing to supply more and demand less and vice versa when the price falls.

Answer 2

Answer:

The law of supply and demand is a theory that explains the interaction between the sellers of a resource and the buyers for that resource. ... Generally, as price increases people are willing to supply more and demand less and vice versa when the price falls