Changes in how much people want things can really affect both sellers and buyers. Let’s break it down:

For Sellers:

• When Demand Goes Up: They might make more products to keep up with what people want. This could cause a shortage, meaning not everyone gets what they want right away.
• When Demand Goes Down: They may reduce how much they make. This could lead to some people losing their jobs or products going to waste.

For Buyers:

• When Demand Goes Up: Prices might go up, making things cost more.
• When Demand Goes Down: Prices can drop, which is great! But sometimes, there might be fewer choices to pick from.

In the end, it's all about finding a good balance in the market!