Kati last weeks the tickets for the game were in 5 dollars, but i forgot to buy them, yesterday was the game and the tickets were only a few and in 10 dollars i dont understand why
Yeah thats because demand and supply, lets ask the miss if she can explain us
Supply refers to the market's ability to produce a good or service, whereas demand refers to the market's desire to purchase the good or service
Hi miss, can you explsin us what is demand and supply?
An example is: People who missed buying a ticket still want to see the game so they are willing to pay more
Yes kati now i know why my itickets were more expensive