Think of a real-world example of this process from your own experience or conduct research to find one. For example, you may research how prices change at a garage sale or when selling the last few goods at a school bake sale. Write a brief paragraph in your notebook to tell about your experiences or findings.
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OpenStudy (anonymous):
@Lawleypop & @DavidUsa
OpenStudy (davidusa):
I cann't see question well. I'm using VMware
OpenStudy (anonymous):
?^
OpenStudy (anonymous):
read it slow then
OpenStudy (davidusa):
Less supply, more demand, prices go up
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OpenStudy (anonymous):
i need more info
OpenStudy (davidusa):
When there is less to sell, the prices go up because more people want it (demand goes up). It is simpe Economics.
OpenStudy (anonymous):
@sniper2012
OpenStudy (davidusa):
Also, when an alternative's price changes, the demand and price of that changes too. For example, if Nutella raised their prices, then peanut butter prices would go up too since there would be more demand for peanut butter, the alternitave.
OpenStudy (anonymous):
what grade is this
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OpenStudy (anonymous):
does it matter
OpenStudy (anonymous):
8th & @mmmmmmmmmm123 & @Blazethecat
OpenStudy (davidusa):
Maddie read what I wrote it should help
OpenStudy (anonymous):
i read it thanks!
OpenStudy (anonymous):
i ahve these probls all the time just think up stuff
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