Supply
How much of a product or service is available
What is demand?
The amount of a product or service that consumers are willing to buy
Increasing, there is more demand
What is an example of supply?
What is an example of demand?
Anything involving consumer demand
It is October, are Christmas decorations expensive?
No, less demand
If supply is higher than demand, are prices higher or lower?
Lower
If demand is higher than supply, do prices increase or decrease?
Increase
Supply of vegetables is low due to droughts, what two things will increase as a result?