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14 August, 13:15

A market that is driven by supply and demand is controlled by

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  1. 14 August, 13:39
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    Demand refers to how much (quantity) of a product or service is desired by buyers. The quantity demanded is the amount of a product people are willing to buy at a certain price; the relationship between price and quantity demanded is known as the demand relationship. Supply represents how much the market can offer. The quantity supplied refers to the amount of a certain good producers are willing to supply when receiving a certain price. so this is controlled by the produces and consumers
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