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Can anyone explain supply and demand?
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06-26-2008, 08:34 PM
woj
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Join Date: Jul 2002
Location: Chicago
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If you don't raise the price, and continue selling them for $1, what will happen is that some wise guy will appear who will buy all your apples for $1/each, and he will resell them for $2/each... so in the end the price will be $2 anyway...
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