Discuss the influences of supply and demand in your daily life. Describe one good and one service you use daily and describe the supply and demand factors of each.

If there is a decrease in supply of goods and services while demand remains the same, prices tend to rise to a higher equilibrium price and a lower quantity of goods and services. ... However, when demand increases and supply remains the same, the higher demand leads to a higher equilibrium price and vice versa.Jun 25, 2019 may I have brainless please