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Results tagged with supply-and-demand
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user 30130
Supply and Demand is an economic model of price determination in a market. Demand refers to how much (quantity) of a product or service is desired by buyers. Supply represents how much the market can offer.
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Theories about how lack of supply can feed into lack of demand
Are there any economic theories supporting the possibility that lack of economic supply can result in a reduced economic demand?
As an example, let's say a product exists, an electronic product let's …
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