The question is the amount of goods and services which the consumer is to move to-buy at a specified price.
consumer choices are influenced by personal taste, but most of their income from advertising available: in fact, consumption increases as income increases.
The element that determines the question, then, is the price.
When the price of a good increases the demand tends to decrease, if the price drops, demand tends to increase.
So the question is inversely proportional to the price. That is: higher the price the lower the demand.
This ratio, defined economics law of demand.
On the contrary, ' bid is the amount of goods and services that the seller is willing to sell at a specified price.
As for the seller the advantage is the price, supply is directly proportional to the price (law of supply) namely: higher the price increases supply .
The meeting point between demand and supply curve shows the equilibrium price that is the price at which the consumer is willing to buy and one to which the seller is willing to sell.
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