GED Social : Demand and Supply

Supply and demand is an economic theory that explains the relationship between the availability of a commodity and the willingness of consumers to buy that

Demand represents the consumer or customer's preferences and taste for a product or the commodity he demands But, on the other hand, supply

k supply chain Economists call this the Law of Demand If the price goes up, the quantity demanded goes down If the price decreases,

demand supply Supply and Demand Graph The supply and demand graph visually illustrates the relationship between supply and demand The x-axis represents the quantity and the