My Blog List

My Blog List

Monday, April 26, 2010

Supply & Demand!


Supply is what are you willing to sell in order to sastisfy your customers, and at what price are they willing to buy your goods.


Demand is what people decide what they want to buy and at what price they are willing to buy it for.


Something interesting and surprising about the quiz was that i found out that many different countries produce oil and i found it surprising because the countires are very small and have little population but yet they still produce and consume oil. something interesting was that even dough the oil productions decrease we still have oil in the ground.

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