The Impact of Changes in Supply, Demand, and Pricing

Generally we are affected by changes in our environment in many different ways. People reactions to those almost any change will vary. With the increased technology we have become accustom to products which provide us with convince, and often feel they are necessary for us to maintain existence. Sudden changes in supply and demand and pricing could lead us to analyze our need for a particular product or service, and consider using alternative methods. The alarming increase in gas prices at the pump is a challenge that is prevalent in most households today.
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