When do the laws of supply and demand have less effect on prices (1 point)

1. when a good or service is new*
2. when outside factors cause changes
3. when buyers search for substitutes
4. when sellers want to make more money

here is an inverse relationship between the supply and prices of goods and services when demand is unchanged. If there is an increase in supply for goods and services while demand remains the same, prices tend to fall to a lower equilibrium price and a higher equilibrium quantity of goods and services.

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When do the laws of supply and demand have less effect on prices (1 point) 1. when a good or service is new* 2. when outside factors cause changes 3. when buyers search for substitutes 4. when sellers want to make more money

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When do the laws of supply and demand have less effect on prices (1 point)

1. when a good or service is new*
2. when outside factors cause changes
3. when buyers search for substitutes
4. when sellers want to make more money