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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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