Demand and Supply Analysis
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Demand and Supply Analysis


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Short excerpt:

Demand is defined as the quantity of a good or service that the consumers are willing and able to buy at a given price over a given period of time. Market demand is the demand of all the people in collection. For demand in economics to be effective, which means that only when consumers want to buy the product support the ability to pay, really has an impact on demand. Consumers must have sufficient purchasing power to no effect on the use of scarce resources.

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