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supply and demand
01
the relationship between the amount of goods or services that are available and the amount that people want to buy, especially when this controls prices
Beispiel
The concept of supply and demand in economics is analogous to the law of cause and effect in physics.
Economists analyze supply and demand equations to forecast market trends and price changes.
The inverse relationship between supply and demand often dictates market prices.
The interplay between supply and demand determines market fluctuations.
The concept of supply and demand is elementary in economics, serving as a fundamental principle.