2nd October 2019

investopedia
14

What is the law of supply and demand?

The law of supply and demand is a theory that explains the interaction between the supply of a resource and the demand for that resource. Generally, low supply and high demand increase price. In contrast, the greater the supply and the lower the demand, the price tends to fall.
Write Your Answer

Rate

100% people found this answer useful, click to cast your vote.

5 / 5 based on 2 votes.

Bookmark

Press Ctrl + D to add this site to your favorites!

Share