Question

an economic principle that explains the interaction between the supply of a resource and the demand for that resource. as price increases, suppliers will want to make more product, but demand declines as buyers demand less product.

○ economics
○ opportunity costs
○ the law of supply and demand
○ fiscal goals

Explanation:

The law of supply and demand describes the interaction between the supply and demand of a resource. As price increases, suppliers want to produce more while demand from buyers decreases.

Answer:

The Law of Supply and Demand