What is the difference between supply and demand and what are their similarities?
| January 16, 2021 | education
Demand is an economic category that means that buyers are ready to buy goods at a certain price, or they have a need for this product. Demand decreases if the price increases, or when the demand for this product disappears.
Offer is an economic category that indicates that sellers are offering their products at a specific price. Supply, in contrast to demand, increases with price increases.
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