THE LAW OF SUPPLY AND DEMAND

What does C.E.L.L. mean?

• Capital Entrepreneur Land Labor

• Camel Elephant Lion Leech

What dose P.P.Q.B.A.A. mean

• Price Purpose Quality Brand Ads Appearance

• Pencil Pop Quail Bob Apple Actree

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people who buy are?

• Customer

• Consumer

• clean

• cringe

What does quantity mean?

• Ummmm don't care

• How much of something you have.

• what brand it is.

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what does price mean?

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• beto

• The amount of money expected, required, or given in payment for something.

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what is the Supply and Demand chart

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• it is a chart that shows you about supply and demend.

• The law of demand states that a higher price typically leads to a lower quantity demanded. A supply schedule is a table that shows the quantity supplied at different prices in the market. A supply curve shows the relationship between quantity supplied and price on a graph.

what is supply?

• a stock of a resource from which a person or place can be provided with the necessary amount of that resource.

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What is demand

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• an insistent and peremptory request, made as if by right.

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what is the equilibrium point?

• price is the market price where the quantity of goods supplied is equal to the quantity of goods demanded.

• idk mez to lazy to figurez it outz

• the point were supply and demand meet.

• None

What is Abbys favorite band/ song artist?

• Panic at the disco

• AJR

• Imagine dragons

• Flamingo artist of Earthworm sally