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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 (book) by John Sloman, ‎Keith Norris, ‎Dean Garrett
Language: English
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