Demand is know as the quantities that consumers are willing to buy per period of time of various prices. In this blog, demand will be discussed. Demand changes can be caused from different reasons. One is known as the price. For instance, if a pint of blueberries were .99 cents, the demand would increase because the price is fair and low. In the case that this pint of blueberrys were $4.99, demand would decrease because the price is too high.
I know what demand and supply means. Personal situations can involve demand such as grocery shopping. Let's say that because we all need tissue for our homes, we buy it often. I went to a drugstore today, and they had tissue boxes for .77 cents. This is cheap for the brand and how many plys the tissue have. The store had put a limit quantity on this product because if there was no limit, the demand would be too high and supply would be low. If there was no limit, there would have been unhappy customers since they never got a chance to purchase this item. This would then cause customers to not visit the store as often because they were unhappy with the situation.
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