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The Concept of Demand and Supply in Economics

April 4, 2023 by Tony Prasetiantono
The Concept of Demand and Supply in Economics

What is the Law of Supply and Demand? The law of supply and demand is a theory that explains the interaction between a seller of a resource and a buyer of that resource. This theory explains the interaction between the existence or availability of a product and the demand for that product on the price … Read more

Categories Economics Tags demand, market, supply

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