Economics Basic: Supply and Demand
Reem Haikal. Economics Basic: Supply and Demand.
Peter Ireland. The Market Forces of Supply and Demand (2009). The scientist discovers that oranges decrease the rates of cancer and that there are fertilizers that
boost the growth of these fertilizers. Holding all other factors constant, there will be an increased
demand for the oranges; supply will tend to increase to meet the new demand. Consequently, the
price will shoot up owing to the increased demand. The same case will happen to the fertilizers
that are enhancing the growth of the orange.
|Academic Level||College (1-2 years: Freshmen, Sophomore)|
|Number of Pages||2 Page(s)/550 words|