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“People tend to buy more at a lower price and less at a higher price. Also, people who produce goods or supply services tend to produce more at higher prices and less at lower prices. This juxtaposition constitutes equilibrium.” — Hendrith Vanlon Smith Jr
People tend to buy more at a lower price and less at a higher price. Also, people who produce goods or supply services tend to produce more at higher prices and less at lower prices. This juxtaposition constitutes equilibrium.