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Supply & Demand Assignment

Forces of Supply & Demand

Supply & Demand in a Nutshell

Modern day example

Supply and demand is the relationship between creators and consumers of a product. The force of supply and demand exists so the quantity of demand equals the quality of supply

Supply and demand is the price where supply is equal to demand in the market. Supply and demand coexist with each other until the equilibrium is met.

An example of supply and demand would be masks and COVID-19 pandemic. As the pandemic worsened the demand for creation of masks increased. Thus, creating an equilibrium of supply and demand.

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