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📈 Economics Concept

When supply increases and demand stays constant, prices tend to fall.

Why?

Because there is more of the product available than people are willing to buy at the original price —
so sellers lower prices to attract buyers.

💡 This is one of the most important ideas in economics.

It explains:
• Why housing prices change
• Why gas prices fluctuate
• Why discounts happen

Once you understand supply and demand,
most exam questions become much easier to break down.

📩 Need help preparing for your economics midterm or final? Send me a message.

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Subjects available:

📊 Finance
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📈 Economics
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📘 Accounting Tip
Every accounting system is built on one fundamental equation:
Assets = Liabilities + Equity
Understanding this equation makes financial statements much easier to analyze.
Need help with accounting assignments or exam preparation?
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For 10 years, I’ve empowered over 1,500+ Dalhousie, Saint Mary’s, and MSVU students to achieve academic success through personalized online tutoring in Finance, Accounting, and Economics. Book your free online consultation today - let me help you succeed!