Categorized | Economy

This Is What Happens When People Don’t Take Econ 101…

Anyone who understands that basics of supply and demand gets that an increase in supply, in which more of a product is available at every possible price than before, is going to cause a surplus in the market at current prices and will therefore push the price of that good down. And no, that is not trickle-down economics, and it does happen in practice.
Source: About.com
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