Law Of Supply And Demand Definition
The law of supply and demand is the theory explaining the interaction between the supply of a resource and the demand for that resource. It has by no means been reduced to writing by this expression, however, it is not meant that all those laws are at present merely oral, or communicated from former ages to the present solely by word of mouth, but that the evidence of our widespread law is contained in our books of Reports, and depends on the general practice and judicial adjudications of our courts.
Examples consist of a Master of Laws , a Master …
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