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Let us write or edit the essay on your topic supply and demand: how they determine commodities' prices with a personal 20% discount. Demand and supply are opposing concepts, in that demand is an inverse or falling function of the price while supply is a direct or rising function (pink monkey, nd) while both supply and demand are important functions, it is necessary to establish equilibrium between them. Supply and demand is perhaps one of the most fundamental concepts of economics and it is the backbone of a market economy generally resulting in market equilibrium where products demanded at a price are equaled by products supplied at that price.
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