Asked by confused

what is supply and demand?

Answers

Answered by Joe
Supply is what someone has (goods or services for sale or barter); demand is how much of it people want.
Answered by GuruBlue
Here are two excellent sites explaining supply and demand.

http://www.investopedia.com/university/economics/economics3.asp

http://en.wikipedia.org/wiki/Supply_and_demand
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