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Business

Supply & Demand

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Lesson 1 of 30%
So when lots of people want something but there isn't much of it — what do you think happens to the price?
🪝 You've seen this before

A new console launches. 10,000 units. 200,000 people want one. High demand + low supply = price goes way up. Six months later, millions are made. Demand eased. Price drops. Same product — completely different price.

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