What does a price indicate in terms of supply and demand? alright bye guys my gay ass bout to go play some minecraft

As the price of a good goes up, consumers demand less of it and more supply enters the market. If the price is too high, the supply will be greater than demand, and producers will be stuck with the excess. Conversely, as the price of a good goes down, consumers demand more of it and less supply enters the market.

When the supply is Low and the demand is high, the price will be high. If the supply is high, but the demand is low, the the price would be low