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How Do Seasonal Changes Affect Supply, Demand, and Market Equilibrium?

Seasonal changes can really affect how things are bought and sold in the market. Here’s a simple breakdown of what happens:

  1. Shifts in Demand: Think about ice cream. In the summer, more people want ice cream because it’s hot. So, the demand for ice cream goes up. But in winter, not many people want ice cream, so the demand goes down. This means the demand curve moves to the right in summer and to the left in winter.

  2. Changes in Supply: When the seasons change, sellers often change what they make. For example, clothing stores start selling summer clothes right before summer begins. If sellers don’t keep track of what’s needed for each season, they might have too much of one thing or not enough of another.

  3. Shifts in Equilibrium: As demand and supply change, where they meet in the market also shifts. This is called market equilibrium. In summer, the price of ice cream might go up because more people want it. But in winter, the price might go down because fewer people want it.

In simple terms, the changes in seasons really affect what we can buy and how much it costs, which influences the entire market.

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How Do Seasonal Changes Affect Supply, Demand, and Market Equilibrium?

Seasonal changes can really affect how things are bought and sold in the market. Here’s a simple breakdown of what happens:

  1. Shifts in Demand: Think about ice cream. In the summer, more people want ice cream because it’s hot. So, the demand for ice cream goes up. But in winter, not many people want ice cream, so the demand goes down. This means the demand curve moves to the right in summer and to the left in winter.

  2. Changes in Supply: When the seasons change, sellers often change what they make. For example, clothing stores start selling summer clothes right before summer begins. If sellers don’t keep track of what’s needed for each season, they might have too much of one thing or not enough of another.

  3. Shifts in Equilibrium: As demand and supply change, where they meet in the market also shifts. This is called market equilibrium. In summer, the price of ice cream might go up because more people want it. But in winter, the price might go down because fewer people want it.

In simple terms, the changes in seasons really affect what we can buy and how much it costs, which influences the entire market.

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