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24 March, 22:39

Supply and demand coordinate to determine prices by working

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  1. 24 March, 22:51
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    Supply and demand coordinate to determine prices by working together. Supply refers to meeting the demand of something. When a business has a supply of something, they are meeting the demand of what the consumer wants to purchase. Demand is the amount of something and how badly consumers want to purchase something. The demand lets a business know how much to supply.
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