Economics -supply and demand
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Can you please explain the the market forces for supply and demand, their respective laws (supply and demand) that are applied in the market place. Thank you
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Answer:
By definition, supply is the amount of product that a producer is willing and able to sell at a specified price, while demand is the amount of product that a buyer is willing and able to buy at a specified price. Thus, the supply and demand model shows the relationships between a product
Dr.VSR.Subramaniam at AllExperts Visit the source
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