Supply and Demand

Front

How much people want something

Back

demand

Front

The making, buying and selling of goods and services

Back

economics

Front

A person who buys goods and services

Back

consumer

Front

What will happen to the price of Smencils on Amazon Prime when there are only a few packs left and they are very popular?

Back

The price will go up.

Front

What will happen to the price of pumpkins on the day after Halloween?

Back

The price will go down.

Front

The person who makes a product is called a

Back

producer

Front

The person who buys a product is called a

Back

consumer

Front

The _______ is how much of something a person has.

Back

supply

Front

The _______ is how much of something people want.

Back

demand

Front

A discount is a form of...

Back

incentive.