Buyers and sellers play a significant role in the marketplace. A lot of studies have been published regarding how demand and supply affect the commodities prices.
Prices of commodities can go up, stabilized or go down. Learning an idea of the basic knowledge on “how and why” the price of good and services increase and decrease in our country
1. BUYER
a person who buys;
purchaser; customer.
SELLER
a person who sells
something.
COMMODITIES
basic goods and
materials
Prices of commodities and its
impact on consumers
2. BUYER
a person who buys;
purchaser; customer.
erson who sells
something.
basic goods and
materials
3. erson who buys;
haser; customer.
SELLER
a person who sells
something.
basic goods and
materials
4. erson who buys;
haser; customer.
person who sells
something.
COMMODITIES
basic goods and
materials
5.
6. PRICE OF BASIC COMMODITIES
Price will be affected to the demand of the
commodity of the consumers. When there will be
rise of price of chicken meat also there will increase
of price in a beef. It is called as substitute goods.
However, when there is low stock of rice there will be
higher increase of price of a corn is it called as
complement goods. The basic prices of commodities
will be affected on supply and demand of a particular
good.
Buyers and sellers play a significant role in the marketplace. A lot of studies have been published regarding how demand and supply affect the commodities prices.
Now lets analyze how the prices of different commodities impact the consumers.
Prices of commodities can go up, stabilized or go down. Learning an idea of the basic knowledge on “how and why” the price of good and services increase and decrease in our country