Supply and demand

4 cards · about a minute · 3 November 2026

  1. 1 of 4
    $12

    When many people want something scarce, its price goes up.

  2. 2 of 4

    When there's plenty of it, prices fall.

  3. 3 of 4
    $$$

    Concert tickets, airline seats and salaries all follow this rule.

  4. 4 of 4
    ProductNeed

    For founders: find a need that's in demand and not well supplied.

Test yourself

Lots of people want something that's scarce. Its price usually…

  • Goes up
  • Goes down
  • Stays the same
Show the answer

Goes up. High demand and low supply push prices up.

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Supply and demand Explained in 60 seconds · Younifyd