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Difference between supply and demand

Difference between supply and demand
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Answer #1
Demand Supply
1 Consumers are willing and able to buy. Firms are able and willing to sell the product.
2 Higher the price lower the demand and lower the price higher the demand. Higher the price higher the supply and lower the price lower the supply.
3 Demand is inversely proportional to price. Supply is directly proportional to price.
4 Demand curve is negative linear curve. Supply curve is positive linear curve.
5 Slope of demand curve is negative. Slope of supply curve is positive.

These are some of the differences between demand and supply.

Please contact if having any query will be obliged to you for your generous support. Your help me alot to me please help. Thank you

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