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Journey Foster
Business
23 October, 02:32
Example of demand in economics.
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Kaelyn Frey
23 October, 02:57
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Examples of the Supply and Demand Concept. Supply refers to the amount of goods that are available. Demand refers to how many people want those goods. When supply of a product goes up, the price of a product goes down and demand for the product can rise because it costs loss.
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