Supply and Demand Week 6

Microsociety journal

Supply means how many you make of the products in your business. Demand means how many units you sell of the product in your business.

My friend Halle has a really good selling business but this week she had glow sticks which she sold quite cheap. They were all sold before we were half way through the lesson. Next time she sells glow sticks she’s going to raise the price so she has about the same amount of supply as demand.

By: Heloise Roberts