Give me a short definition of What is supply and demand

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asked Apr 10, 2023 105k views

10 votes

Give me a short definition of What is supply and demand

Biology
high-school

Kaan Baris asked

by Kaan Baris

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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

Dimitar K answered Apr 17, 2023

by Dimitar K

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