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What's The Important Role Of Supply And Demand?

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    The old supply and demand rule. This determines the cost of the item in supply. If it is plentiful, then the price is low, if it is not the price is high. You can talk about a buyers market ,where the supply and the price are to the buyers advantage or the buyers market, where the lack of supply and the price favor the seller.
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    answered 2 years ago

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