Question

Question 72 (5 points)

Which is correct for supply and demand?
When supply is high, demand is low, the price goes down.
When supply is high, demand is low, the price goes up.
When demand is high, you will not get what you want.
Merry Early Christmas!❤️

Answer 1

A: When supply is high, demand is low, the price goes down

Step-by-step explanation:

take a computer for example. if there are tons of computers in stock(high supply), but not alot of people buying them (low demand), then the price will go down so more people will buy the product! Hope this helped! :)