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Supply and Demand

AB
MarketIncludes the customers and locations that a business wants to serve.
SupplyHow much of a good or service a producer is willing and able to produce at different prices.
DemandAn individual’s need or desire for a good or service at a given price.
Law of DemandAs prices fall for a particular good or service, the demand for that item will increase and vice-versa.
Law of SupplyAs the price of a particular good or service increases, the supply for that item will also be increased and vice-versa.
PriceThe amount at which a good or service will be sold in a market.
E-CommerceBuying and selling of goods and services on the Internet
CompetitionComes into the market as sellers to compete to make a profit
Profit MotiveBusinesses and people enter the market in hopes of making money
Federal ReserveRegulates the money supply
Stock MarketWhere shares of stock and other securities are bought and sold
Bull MarketStock prices are going up.
Bear MarketStock prices are going down.



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