A few questions to clarify supply and demand:
If the number of producers for a product declines- what happens to the supply and demand of that product?
If you have two items that are complements in consumption and the price of one of them goes up, what happens to the demand of each of the items?© BrainMass Inc. brainmass.com October 24, 2018, 8:12 pm ad1c9bdddf
If the number of producers for a product decline then the supply of the product will ...
This discusses various situations affecting the Supply and demand
Questions about supply and shifts in demand.
Discuss causes for shifts in supply and shifts in demand for gasoline.
Discuss events that might lead to a disequilibrium in the market for gasoline.