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OpenStudy (anonymous):

What is the meaning of supply and demand?

OpenStudy (blurbendy):

If there is a lot of demand for something, and the supply is low, the price for that item will be high. If there isn't a lot of demand for something, and the supply is high, the price for that item will be low. If there is a lot of demand for something, and the supply is high, the price will usually be fair. If there isn't a lot of demand for something, and the supply isn't high, the price will usually be fair.

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