Westonci.ca is your go-to source for answers, with a community ready to provide accurate and timely information. Connect with a community of professionals ready to provide precise solutions to your questions quickly and accurately. Our platform offers a seamless experience for finding reliable answers from a network of knowledgeable professionals.

Explain how supply and demand keeps prices low at the grocery store.
PLEASE


Sagot :

Answer:

How does supply and demand affect prices

Explanation:

When demand exceeds supply, prices tend to rise. If there's an increase in supply for goods and services while demand runs the same, prices tend to fall  to a lower equilibrium price and a higher equilibrium quantity of goods and services.