Who are processing the product to meet the needs competition or demand? How much of the need is now being met ( supply)
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So we have supply, which is how much of something you have, and demand, which is ... Now, how do you show the relationship between the two? ... of the product to be made available at the original cost (or even a lower cost), ... is to find “equilibrium” prices that balance the supplies of and demands for goods and services.
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