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An educational infographic illustrating a supply-and-demand loop centered around a customizable pink shoe.

An educational infographic illustrating a supply-and-demand loop centered around a customizable pink shoe.

can you make a visual based off this - Individuals, businesses, and consumers are involved Decisions are made by buyers and sellers of products in the product market Production is the making of goods and services, consumption is buying and using them, theyre both in a loop of supply and demand The shoe Holden makes determine The shoe expands by the stretchy top, it is made from a special fabric that stretches out easily, the bottom fo the shoe isnt one solid hard piece instead it is splitting into overlapping section that can slide apart Once you slide the sole to the size you need, simple side straps or strong snaps lock it in place so the shoe straps stays in The shoe Holden makes determines the resources he uses in production since a shoe’s design, intended function, and target market directly dictate every step of its production process and the types of resources a factory must use When a product or resource is scarce and demand is high, prices go up. Higher prices signal producers to make more of that item, Prices act as a rationing tool; they automatically limit consumption to people who are willing and able to pay the market price, and there’s opportunity cost Because money and resources are finite, choosing to buy or produce one thing means giving up another for my econs project make sure the shoe with a pink shoe that says "What would tom do" on the side and theres arrows pointing to the shoe thats says made in the usa, made in high end factories, affordable the Mehr sehen