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Supply
Demand
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Transcript

VS

It is the number of products that are in stock on the market compared to the quantity of these that consumers buy.

If price quantity

Nike Shoes

We can see that it reached a point of equilibrium when the value of the price was equal to the quantity.

Provides a good quantity of products

Gives good services

Reduces taxes rates

Devaluation of the currency

Increases the number of buyers

Creates aconomic markets

Law of Supply

It refers to the price with respect to the greater or lesser number of items spent.

Law of Demand

It refers to the fact that the higher the price, the lower the demand and vice versa.

If price quantity

If price quantity

If price quantity

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Q

1

1

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3

3

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We call the cut-off point the equilibrium point.

Ainhoa Manrique

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