Topic: Demand and supply directly and indirectly related. - page 2. (Read 189 times)
Is there a question here? The law of demand and supply is an economic theory that has existed for ages. Market prices are determined by this theory. If the demand of a goods or service exceeds the supply, prices will rise. And if supply is more than the demand, prices will fall. That is to say scarcity creates demand and increases prices of the product.
Demand and supply can have a direct or indirect relationship, affecting market behaviour and performance. Understanding this is crucial for organizations seeking to optimize operations and competitiveness. Thorough research and analysis are necessary to gain the insights needed.
Jump to: