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Category:	Business
Word Count:	513
Featured Papers from DirectEssays 1. Economic 2 2. economic growth 3. Economic Status 4. ECONOMIC POLICIES 5. Economic Growth

	Economic
	Business firms often produce more or produce less than the public actually wants at the going market price, because in reality businesses do not know the exact amount of demand in the market, if they produced too much of a produce they will adjust it by produce less next time and vise versa. The demand curve runs downward from top left to bottom right is because consumer buy less at higher price and more at lower price, therefore as every 10 cents added to the orange, the demand for the oran

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Economic