Supply Reflection

We learned this week all the wonders of supply. Supply is the other part of demand and judges how much the supplier is willing to supply for at a current price. Naturally, the supplier would want to sell a product at a higher price, but a consumer would want to buy a product at a lower price. So if you put the curves of both of them together, you get the price that people would actually buy them at if they were also supplied at that price. This is fundamental to how a product is produced, marketed, and sold.

I apologise for the late post. The Internet at the hotel was choppy at best. Thank you for understanding.