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Sometimes in business, supply is purposely restricted so that oversupply will not occur. The interrelationship between supply and demand is called [[supply and demand]].
Sometimes in business, supply is purposely restricted so that oversupply will not occur. The interrelationship between supply and demand is called [[supply and demand]].
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[[File:Supply curve.jpg]]
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Shift in Supply - The supply curve is a simultaneous set of potential quantities offered at different prices, a positive relationship. A change in a factor other than price causes a supply shift, but the distinction between that and change in quantity supplied is not as fundamental as it seems. [http://www.webshells.com/college/grid5.htm]
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[[Category:Economics]]
[[Category:Economics]]