A Teen Discovery Guide – Economics & Business Series Volume 4 By Isoken Adisa-Isikalu
Why does the price of tomatoes soar during the rainy season and crash when harvests are plentiful? Why do concert tickets sell out in minutes and then appear online at triple the price? Why does a new smartphone cost more on launch day than it does six months later? The answer to every one of these questions is the same: supply and demand.