Gagan runs a garment shop in a mall. Two years back he had taken a loan of Rs. 20 lakhs from HDFC Bank for the renovation of his shop. However, due to his poor health for the past year, his earnings have reduced considerably as he is not able to devote sufficient time to the business. He now plans to sell off his
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While an increased supply may satiate available demand at a set price, prices may fall if supply continues to grow. But if supply decreases, prices may increase. Supply and demand have an important relationship because together they determine the prices of most goods and services
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