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The law of supply and demand combines two fundamental economic principles that describe how changes in the price of a resource, commodity, or product affect its supply and demand. What Is the Law ...
The law of supply is a microeconomic law. It states that, all other factors being equal, as the price of a good or service increases, the quantity of that good or service that suppliers offer will ...
The LTFRB can impose all the orders and decrees it wants, but it cannot repeal the law of supply and demand. Try as it might, it will be as successful as the proverbial king who commanded the ...
In other words, markets are driven by the law of supply and demand. Supply and demand are counter intuitive. The market will do whatever it can to confuse the masses. The recent market events are ...