Supply and demand curve in buisness Flashcards
1
Q
Supply Curve
A
The higher the price of a product, the more the producers will supply
2
Q
Demand Curve
A
The higher the price of a product, the fewer consumers will demand
Supply Curve
The higher the price of a product, the more the producers will supply
Demand Curve
The higher the price of a product, the fewer consumers will demand