aprilcastaneda08
aprilcastaneda08 aprilcastaneda08
  • 02-01-2019
  • Social Studies
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*Explain how Supply and demand and the use of substitutes in the market affects the prices?

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Lesquirrel
Lesquirrel Lesquirrel
  • 02-01-2019
supply and demand in these of substitutes in the market affect the prices because a substitute is Goods that satisfy similar need or like a desire and like increase the price of good witch increase the demand for its substitute while like antifreeze in the price of Good Will decreased demand for its substitute
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alleah77
alleah77 alleah77
  • 03-01-2019

When the demand is high and the supply is low, prices increase.

When the demand is low and the supply is high, prices decrease.


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