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Supply and demand

society Maturity 13-18 Vital Level 3

People buy and sell things.

Supply-demand-equilibrium.svg
Supply-demand-equilibrium.svg
Sellers make things to sell. Buyers want to buy them. The price changes based on this. It helps us know what to buy. Do you like to shop?

34 words
🖼️ Images & Media (7)
File:Supply-demand-equilibrium.svg
Supply-demand-equilibrium.svg
File:Supply and demand-stacked4.png
Supply and demand-stacked4.png
File:Supply-demand-right-shift-demand.svg
Supply-demand-right-shift-demand.svg
File:Supply-demand-right-shift-supply.svg
Supply-demand-right-shift-supply.svg
Human hours worked per week.webp
File:AdamSmith.jpg
AdamSmith.jpg
File:Alfred Marshall 1891.jpg
Alfred Marshall 1891.jpg
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📚 Content adapted from Wikipedia | Readability: FK 14.2 | Vital Level 3