Use the laws of supply and demand in your everyday decision making

Posted on Posted in Law

1. You use the laws of supply and demand in your everyday decision making. If a product is in short supply is typically priced higher because demand is greater. Can you relate this a purchase decision you’ve made in the past?
2. The Federal Government has offered home buyers a sizable tax credit. How do you think this has affected the housing market and the economy overall?

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