Share SUPPLY & DEMAND
Save to Folder
If a cellphone decreases from $500 to $300, the DEMAND _______
increases
If the price increases from $7 to &10, the DEMAND ______
decreases
In the DEMAND, when the price decreases, the demand ________
increases
In the DEMAND, when the price increases, the demand ________
decreases
In the L_____ of D______ when the price increases, the demand decreases
Law of Demand
_______ is the amount of the good or service that customers want to buy.
DEMAND
f the price increase from $50 to $80. the quantity supply ______
increase
If the price decreases from $5 to $3, the quantity supply
decreases
Factors such as natural disasters can a_______ supply
affect
If more companies enter the market, the total supply _______
increases
In the Law of Supply, as price DECREASES, the quantity supply _______
decreases
__________ refers to the total amount of products
Supply
According to the L_____ of S_____, the higher price, the larger the quantity produced
law of Supply
Supply refers to the total a________ of products
amount
in the Law of Supply, as prices INCREASES, the quantity supply ________
increases
