katrice9137 katrice9137
  • 14-01-2020
  • Business
contestada

Both supply and demand concepts rest on the relationship between quantity supplied or demanded.
True / False.

Respuesta :

ewomazinoade ewomazinoade
  • 14-01-2020

Answer:

False

Explanation:

Both supply and demand concepts rest on the relationship between price and quantity.

Quantity demanded increase when price falls and falls when price increases.

Quantity supplied increases when price increases and falls when price falls.

The demand and supply curve are plotted with price on the y axis and quantity on the x axis.

I hope my answer helps you

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