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Consider the forces of supply and demand that are present in your life. Types of demands to consider may include individual vs. market, household vs. government, or short vs. long-term demands.
Discussion Task
In your own words
Identify one type of demand you encounter frequently. Provide an example of how that demand may be subject to the forces of supply and demand, and that affects your decision-making process.
What strategies might you use if the demand is greater than the supply?
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