Supply and demand

Ainhoa Manrique

We call the cut-off point the equilibrium point.

If price quantity

If price quantity

If price quantity

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

Law of Demand

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

Law of Supply

Creates aconomic markets

Increases the number of buyers

Devaluation of the currency

Reduces taxes rates

Gives good services

Provides a good quantity of products

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

Nike Shoes

If price quantity

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

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