Question

Explain the concepts of supply and demand within a market economy.​

Answer 1

Answer:

Supply and demand, in economics, relationship between the quantity of a commodity that producers wish to sell at various prices and the quantity that consumers wish to buy. ... In equilibrium the quantity of a good supplied by producers equals the quantity demanded by consumers.

Explanation:

Answer 2

Answer:

supply is how much of something the producer has made

demand is how much the consumer wants/needs the product

I hope this helps