noahogbu
contestada

These would change what part of the market? A) Supply B) Demand C) Law of Supply D) Law of Demand

Respuesta :

im listening to my gut and it says....D! hope my gut is right lol

The correct answer is "B".

Demand is the actual need for a certain product or service in an economic system. When demand rises, prices rise due to the "scarcity" of the product, in other words, there is only a limited supply of it. The price of the demanded product will rise until the available amount of it (the supply) matches the existent demand.