Economics is a subject the studies the economy. There is a branch of economics known as microeconomics that studies the behaviour of individuals and firms. Demand and supply are the two main components of microeconomics. Assignments on demand and supply are very common and important for the students studying economics. Various services provide demand supply assignment help for the students who face difficulties in completing the assignments.
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Before writing the assignment, it is important to understand the basics of demand and supply topics.
Demand refers to the number of goods or services that the people are willing to buy at a particular time. It not only sees the willingness but also the ability to buy.
In economics, demand plays an integral role. To bring the economy in equilibrium the demand and supply have to be the same.
A demand curve shows the relationship between the price and quantity.
Various factors affect the demand for a good. The factors can be their price, substitutes, etc. Here are some factors that influence the demand the most.
Supply, in economics, refers to the number of goods and services that the suppliers are willing and able to offer.
The supply curve shows the relationship between price and supply. Supply chain management is also an important topic on which students get numerous assignments to complete in a short deadline. You can also ask us for supply chain management assignment help in case you are struggling with the subject.
Factors influencing supply
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