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kodGreya [7K]
2 years ago
9

Describe the meaning of "supply and demand" and give an example.

English
1 answer:
Vika [28.1K]2 years ago
4 0

Answer:

Demand refers to how much of that product, item, commodity, or service consumers are willing and able to purchase at a particular price. In other words, supply pertains to how much the producers of a product or service are willing to produce and can provide to the market with limited amount of resources available. srry if its wrong

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