What Are Demand & Supply Shifters?

Answer According to the economic model of supply and demand, supply refers to the quantity of a product that suppliers can produce at a certain price. Demand represents the quantity of a product that cons... Read More »

Top Q&A For: What Are Demand & Supply Shifters

What is the H1N1 vaccine supply and demand?

North Carolina was said to have found the swine flu first but, the first person to die from the swine flu was in New Mexico

What is scarcity&how does it affect supply&demand in the game of economics?

Scarcity is an economic principle that forces people to make choices based on a limited number of resources. This affects supply and demand based on how many people want a given item.ChoicesPeople ... Read More »

How to Understand Supply and Demand?

Many people quote the laws of supply and demand, but few actually understand how it works. Here is a simple step by step method for thinking through the basic laws of economics.

Racism in adoption: supply and demand?

Hi Jessica,There is no reason on Earth why the actual costs to process the legal paperwork should cost more for one race of children than for another. It's obvious that some prices go way above & ... Read More »