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what's Demand and supply​

Answers

Answer 1

Answer:

Explanation:

Demand and supply are the two fundamental forces that determine the price and quantity of a good or service in a market economy.

Demand refers to the quantity of a good or service that consumers are willing and able to purchase at a given price. As the price of a good or service increases, the quantity demanded typically decreases, and as the price decreases, the quantity demanded typically increases. This relationship between price and quantity demanded is known as the law of demand.

Supply, on the other hand, refers to the quantity of a good or service that producers are willing and able to produce and sell at a given price. As the price of a good or service increases, the quantity supplied typically increases, and as the price decreases, the quantity supplied typically decreases. This relationship between price and quantity supplied is known as the law of supply.

The point where the quantity demanded and the quantity supplied are equal is called the equilibrium point. At this point, the market is in balance and there is no tendency for prices to change. However, if the demand is greater than the supply, the price will tend to rise, and if the supply is greater than the demand, the price will tend to fall.

Related Questions

What is Dante's opinion of Pope Nicholas?

Answers

Answer:

I rly don't know.. I hope someone gives you an answer to your question....

Explanation:

Sry

In brief, Dante was described by Foscolo, as an angry, bilious detractor of the Roman Church who, in the Inferno of the Divine Comedy, condemned Pope Niccolo III (Giovanni Gaetano Orsini - member of the prominent Orsini family from Rome) to spend eternity in the Third Bolgia of the Eighth Circle, headfirst in a hole, ...

what is the vertex of x^2 + 4x - 12

Answers

Answer:

[tex](-2, -16)\\[/tex]

Explanation:

The vertex of a quadratic function which gets plotted as a parabola is either the minimum or maximum (x, y) value of that function.

The following rule applies to finding the x value of the vertex

[tex]\mathrm{The\:vertex\:of\:an\:up-down\:facing\:parabola\:of\:the\:form}\:\\y=ax^2+bx+c\:\mathrm{is}\:x_v=-\dfrac{b}{2a}[/tex]

The equation is
[tex]y=x^2+4x-12[/tex]

[tex]\textrm {Here }\\a = 1, b = 4, c= -12\\\\[/tex]

[tex]So\; x_v, \textrm{ the x value of the vertex } = -\dfrac{4}{2\cdot \:1} = -2\\\\\textrm {Plug this value of x into the equation to find the y-value of the vertex}\\[/tex]

[tex]y_v=\left(-2\right)^2+4\left(-2\right)-12\\\\\\y_v = 4 -8 - 12 = -16\\\\[/tex]

[tex]\mathrm{Therefore\:the\:parabola\:vertex\:is}\\(-2, -16)[/tex]

Nationally 38 percent of fourth graders cannot readban age

Answers

Answer:

Nationally, 38% of fourth-graders cannot read an age-appropriate book. The data shows the number of children, by age, identified as learning disabled under special education. Most of these children have reading problems that should be identified and corrected before third grade.

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