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Race Result Details |
Racer | Alaric (thealaricapp) |
Race Number | 8 |
Date | Mon, 20 Jul 2020 22:17:13 +0000 |
Speed |
79 WPM
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Accuracy | 94.9% |
Rank | 1st place (out of 5) |
Text typed:
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Demand is related to wants. If goods and services were free, people would simply demand whatever they wanted. Such wants are virtually boundless: perhaps limited only by people's imagination. Supply, on the other hand, is limited. It is related to resources. The amount firms can supply depends on the resources and technology available.
— Essentials of Economics
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