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EQUILIBRE OFFRE DEMANDE [1 record]

Record 1 1981-01-07

English

Subject field(s)
  • Laws of the Market (Economy)
OBS

(...) if more of a commodity such as tea becomes available than people want to buy at the last-quoted market price, its price will be marked down by competition. At the lower price people will drink more tea, and producers will no longer produces quite so much. Thus equilibrium of supply and demand will be restored.

French

Domaine(s)
  • Lois du marché (Économie)

Spanish

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