Supply and demand
- Supply: How much of a product or service is available to buy.
- Demand: How much of that product or service people want to buy.
- When supply is high but demand is low, prices go down. When demand is high but supply is low, prices go up
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Supply: How much of a product or service is available to buy. Demand: How much of that product or service people want to buy. When supply is high but demand is low, prices go down. When demand is high but supply is low, prices go up
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