demand and supply
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Last updated 7:38 PM on 11/9/25
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6 Terms
1
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demand
the quantity of a product that buyers are willing to buy at a give price
2
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supply
the quantity of a product producers are willing to sell at a given price
3
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when price is reduced
demand will increase
4
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when price is increased
demand will fall
5
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price goes up
supply goes up
6
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price goes down
supply goes down
Note 
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