1,263
edits
Changes
Jump to navigation
Jump to search
Line 1:
Line 1: − +
no edit summary
The demand for a [[Widget|widget]] at a given price, is how many (or how much) of that widget people will want to buy at that price. If demand at a price excedes [[Supply|supply]], there will be a [[shortage]]. If supply excedes demand there will be an [[oversupply]].
The demand for a [[Widget|widget]] at a given price, is how many (or how much) of that widget people will want to buy at that price. If demand at a price exceeds [[Supply|supply]], there will be a [[shortage]]. If supply exceeds demand there will be an [[oversupply]].