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laverock
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law of supply and demand
law of sup·ply and de·mand


noun 
Definition:
 
principle that determines prices: the economic principle that the price charged for a product is determined by the level of demand and the quantity available
Encarta® World English Dictionary [North American Edition] © & (P)2009 Microsoft Corporation. All rights reserved. Developed for Microsoft by Bloomsbury Publishing Plc.
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