What determines the price of a product or service?
What happens when demand for a product is high and supply is low?
When supply is high and demand is low, prices tend to ______.
Which situation causes prices to fall?
The interaction of supply and demand helps balance the ______.
High demand usually results in ______ prices.
When supply is low, what usually happens to the price?
Which factor ensures goods and services are distributed efficiently?
If the supply of a product increases but demand remains the same, prices will likely ______.
What happens when both supply and demand are balanced?
