Daise asked in Social ScienceEconomics · 3 weeks ago

If a store runs out of business, does the demand or supply change?

I'm stuck, would it be one or both demand and supply changing?

2 Answers

  • Oiy
    Lv 4
    3 weeks ago

    The supply would change because there is less supply at the time of the shutdown. The demand will go somewhere to find substitutes.

  • 3 weeks ago

    If people stop buying, that's DEMAND. If the manufacturer cannot send product, that's SUPPLY.

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