Give me a short definition of What is supply and demand

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asked Apr 10, 2023 105k views

1 Answer

Dimitar K · Answer 1 · 2023-04-17T03:16:49+0000

Supply and demand is when a consumer demands more of an item than the producer will supply more of that demanded item.

I’m simple terms supply and demand is basically ask and receive

Give me a short definition of What is supply and demand

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