Supply+and+Demand

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 * You and the experts in your group will need to produce and complete the following assignments for your** //**portfolio:**//[| Supply and Demand: Basic Economics]



A well written couple of paragraphs on the Causes of Supply and Demand- you need to print it out and add it to your portfolio and then __add it to this wiki page at the bottom below our Glogs.__
Include an introduction paragraph and the one paragraph about each communist country and then a conclusion paragraph.



All must be written in full paragraphs with full sentences with at least 5 sentences per paragraph. ANY work that does not fulfill these standards will NOT be accepted and you WILL have to redo it. [|*Remember no plagiarism**]

= Work submitted that is purely copied will automatically receive an F =


 * You will post your complete essay on your teams wiki page either by copying and pasting it or by embedding it in your Glog.**


 * A poster or a [|Glog]**



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THIS IS MY GLOG NATCHA

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= = =**Supply and Demand**=



Supply and Demand

Supply and demand is an important term in our life. Supply and demand is how the prices go up and down. Supply is to provide something for someone. Demand means to want something, or telling what you want. The word “supply” in this term has a similar meaning with the “supply” we use, often. There is another important term in the word, “Supply and demand”, and it is “auction”. An auction is a publicly held sale at which property or goods are sold to the highest price. The price of the object/product is not selected, but only the person who chose the highest price will get to own the object/product.

If a new invention of a Nintendo DS comes out, everyone will want to buy it. That means the company that is selling this new invention of Nintendo DS will have lots of money, from the people who are buying this product. But what about the other companies, who are selling the old Nintendo DS? Surely, the amount of people buying the old Nintendo DS will decrease. At that time, the seller will have to drop the price of the old Nintendo DS, down, while the company of the other Nintendo DS makes the price more higher.- This is an example of what supply and demand is. When people get attracted by something special, they pay for it, even if it is very expensive, and this is why people invent or produce new products.

By: Mizuki G5

Supply and demand

Supply and demand means prices go up and down. For example I sell 3-D computer and this computer is the first computer in the whole world. So the price is very special. If one person says "I'll give you 10,000 baht!" and I will say "Any more person wants to buy it?" Again if another person says "I want to buy it for 1,000,000 baht!" and then if there is no answer then that person will get the 3-D computer. Then after supply and demand the price will get lower, because it is not new any more. So this is SUPPLY AND DEMAND. By: Walter

Causes of Supply & Demand

Supply & Demand is price determination. It means the circumstances when prices go higher and when they go lower. Supply means something that can be available. Demand means what people want. For example; You have invented an electric bag you can put it in a high price. People will still be determined to buy it because they are happy they demand it. As soon as it is starting to be common and many people have it you have to put it at a low price. If its still the same price no one will buy it. Slowly when many people have it will be cheap. Its like an Iphone2 when it was first invented it was expensive then they started having 2gs and new I phones so it became cheap. The law of supply is if nothing else changes, firms are willing to pay supply a greater quantity of good service at higher prices than lower. The law of demand is if nothing else changes, the quantity demand of a good or service is greater than lower prices than higher. Believe it or not Supply and Demand is used all around the world even in the poorest shops. I am happy to tell you about it because my opinion is that everyone should know this topic. Thank You!!!!! For more information please go to google.com and type supply and demand.

G5 Darshan

Supply and demand-Saran

Supply and demand is when the prices of things go higher and lower. If a blackberry is just invented people would buy it for a $100,000.After 2 years it's not very new and people would buy it for 10,000.At that time more phones will be invented. Now we are running out of oil. So people will sell it expensive and expensive. Supply and demand doesn’t mean a person demands something and a person supply’s it. If there was the last phone in the world people would spend millions on it.

Supply and Demand-Yoshita G5

Supply and demand means prices go up and down. For example I sell 3-D computer and this computer is the first computer in the whole world. So the price is very special. If one person says "I'll give you 10,000 baht!" and I will say "Any more person wants to buy it?" Again if another person says "I want to buy it for 1,000,000 baht!" and then if there is no answer then that person will get the 3-D computer. Then after supply and demand the price will get lower, because it is not new any more. So this is supply and demand.

supply and demand-asis

an example is if someone buys something when it just came into a country they sell it to someone for a high price and then the person who buys it sells it to someone after 1 year,the person cant sell it for expensive cause he kept it too long and its old so he cant sell it from the price he bought it because then no one would buy it.supply and demand is the price determination of an item in the markets.supply and demands is also part of the economics.supply and demad doesnt only happen with valuable things it lso happens with the rare things.so this is some of the little in formation and example of supply ad demand.

SUPPLY AND DEMAND- NATCHA

SsSupply means how much it is available. Demand means how much people wish to buy. The relationship between them is price. If the demands goes up the price will also go up, because the seller thinks if he or she can get more money by selling good product. If the people want something they will be willing to pay more because, if the seller has ipad2 so everyone wants it so they will pay more than they normally pay. The demand goes up and the price will also go up because, everyone wants it. The seller will also get more money if he or she product good things. It same happen when the price goes lower. Every one wants ipad2 but what about iphone so the seller thinks to sell it in the lower price. So like this the price goes down and up and demand goes up and down.

Supply and Demand-Radhika

Supply and demand is an economic of price determination in a market.Suppose that iphone5 came up and i was the first one in the world to buy it even though it 1,000,000 bath i would buy it.So when supply an demand is higher then the price will be lower. It concludes that in a competitive market, the unit price for a particular good will vary until it settles at a point where the quantity demanded by consumers (at current price) will equal the quantity supplied by producers, resulting in an of price and quantity.

Supply and Demand Mutsuki^^

Quantity demanded, quantity supplied of one commodity, and law concerning relation to the price. The price goes up if demand is more than the supplies, and if it is opposite, and the supplies are more than demand, the price falls. Moreover, demand increases if demand decreases if the price goes up, the supply increases, and it sinks in price reversely and the supply decreases. Therefore, it is usual that prices of merchandise (market price) are decided in the place where the supply and demand is corresponding (It is said the equilibrium price).

Supply and Demeand Essay : Diya

Supply and Demand is how prizes go up and down.Supply means goods. Demand means how much the supply is made out of. Supply and Demand is all around the world it makes people greedy and also make them think twice. An Example of Supply and demand is this: An Ipad10 came out many people who are greedy want it and many smart think again people don't. When the greedy people buy the Ipad10 then after no one else will buy it and the prize will go down,down,down so then the think again people might buy it and save half their cash.So think twice when it comes to supply and demand

Supply and Demand Ji Ae

Supply and Demand – Essay

Supply and demand is a model like graphs and it is the determination of the supply and demand. Supply is the goods. Demand is depended on how much the supply is made. If there is less supply, the higher it will cost. As many supplies are there, the price will be lower. They organize the system in an economic model. The model is in the markets. Supply and demand really make me so greedy. But even if I were selling a new 4D TV, I will not give the people with receiving only less money. The reason is since there is not much supply made yet, I will of course sell it for more than a million baht. Anyway, supply and demand is a model of price determination in a market.

Now, I will give you some examples. Will you buy a new movie that says it is coming up soon and it actually already came out and only you know that it came out. It is the first disc they’ve made. They say that they will sell the disc of 10,000 baht and will you deal with it? You will be able to be the first one to have that disc. Will you buy the disc? Or will you buy it later and not be the first one? If I was there, I couldn’t be walking. It is because supply and demand makes me think a lot. I maybe would’ve bought already.

Written by Ji Ae G5

This is my essay Bloom

Supply and demand is a way that people have to reduce the price. Supply is how much something is available. Demand is how much something people wants. If the Item is rare it will be more expensive if it is easy to find it is cheaper. If the quality is high it is expensive if the quality is low it is cheap. It also depends on the quantity. If the quantity is high the less the price is. It is a way that people reduce the price.