What is the best description of the grass seed that is described in this scenario?

1 answer:

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The Grass seed is a Product with elastic Supply , a Product which demand goes up and down as the price rise and fall

In the beginning the price of the seed was high with a high demand , so many people want to supply it. But as the supplier increase , the product became too much on the market so the demand drop. To attract more demand, the supplier lower the price and supply less.

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