I will apply the laws of demand and supply.

Demand refer to the amount of some good or service

consumers are willing and able to purchase at each price. Demand is based on needs and wants a
consumer may be able to differentiate between a need and a want. Demand is also based on ability
to pay. If you cannot pay, you have no effective demand. What a buyer pays for a unit of the specific
good or service is called price. The total number of units purchased at that price is called
the quantity demanded. An increase in the price of a good or service almost always decreases the
quantity demanded of that good or service. Conversely, a decrease in price will increase the quantity
demanded. For example, when the price of a gallon of gasoline goes up, people look for ways to
reduce their consumption by carpool or mass transit, or taking weekend or vacation trips closer to
home. This is inverse relationship between price and quantity demanded the law of demand. The
law of demand assumes that all other variables that affect demand are held constant. The laws of
supply state that other factors remaining constant, price and quantity supplied of a good are directly
related to each other. In other words, when the price paid by buyers for a good rises, then suppliers
increase the supply of that good in the market single firm or company is a producer, all the
producers in the market form and industry, and the people places and consumers that an Industry
plans to sell their goods is the market. So supply is simply the amount of goods producers, or an
industry is willing to sell at a specific prices in a specific time. Subsequently there is a law of supply
that reflects a direct relationship between price and quantity supplied. For example,