Race Result Details |
Racer | (xanderec) |
Race Number | 244388 |
Date | Mon, 22 Jul 2024 4:02:54 |
Speed |
183 WPM
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Accuracy | 99.7% |
Rank | 1st place (out of 2) |
Text typed:
Demand is related to wants. If goods and services were free, people would simply demand whatever they wanted. Such wants are virtually boundless: perhaps limited only by people's imagination. Supply, on the other hand, is limited. It is related to resources. The amount firms can supply depends on the resources and technology available.
—
Essentials of Economics
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