Understanding Supply and Market Prices
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Video Transcript
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Producers actually want to sell you more stuff when prices are high. It's not a coincidence;
it's the law of supply. The higher the price, the more companies are willing to produce
because they make more profit. But it’s not just about price. Better tech means
faster production, increasing supply. If a company's own suppliers are late, supply drops.
More competition floods the market with more options. Even government policies on imports
can totally change how much stuff is available to buy. It's a constant balancing act,
and it's only half the story behind market prices.
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