Category: Supply and Demand Series

This is the third post of the Supply and Demand Series. The first two posts were amazing – positive and informative, describing how the market is self-regulating and efficient in maximizing revenue and benefit to

This is the second post of the Supply and Demand Series. In the first post, Supply and Demand – an Introduction, we explained supply and demand curves, equilibrium price and quantity, and aggregate supply and demand. In

The law of supply and demand is something that’s often referenced, but rarely explained. And most people without formal education in economics, although they can understand how it affected certain situations in the past, can’t