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To: Lee25

Demand drives a supply of products into the market place. Shale is another product into the energy market. Based on its cost to produce can it come in below the current market equilibrium price. If so, then yes demand goes up.

No demand, then no supply.


12 posted on 07/06/2017 4:31:41 PM PDT by Jimmy The Snake
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To: Jimmy The Snake

“No demand, then no supply.”

Freshman Economics question.

Compare and contrast the Command Economy of the Soviet Union and the Demand Economy of the United States.


28 posted on 07/06/2017 5:13:03 PM PDT by Timpanagos1
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