A
supply
is
the
entire
network
involved
in
producing
and
delivering
a
product
,
from
sourcing
raw
materials
to
delivering
the
finished
product
to
consumers
.
It
includes
,
manufacturers
,
transporters
,
and
,
all
working
together
to
ensure
that
products
reach
the
end
user
efficiently
and
effectively
.
A
supply
occurs
when
the
demand
for
a
product
exceeds
its
available
supply
.
This
can
happen
due
to
various
reasons
,
such
as
production
,
natural
,
or
increased
consumer
demand
.
often
lead
to
higher
prices
as
consumers
compete
for
limited
goods
.
A
supply
happens
when
the
supply
of
a
product
exceeds
the
demand
for
it
.
This
can
result
from
,
decreased
consumer
interest
,
or
market
changes
.
typically
lead
to
lower
prices
as
sellers
attempt
to
reduce
excess
inventory
.
The
point
is
the
price
level
at
which
the
quantity
of
a
product
supplied
equals
the
quantity
demanded
.
At
this
point
,
there
is
no
surplus
or
shortage
in
the
market
,
and
the
market
is
considered
to
be
in
.
Supply
and
demand
are
factors
that
influence
the
levels
of
supply
and
demand
in
a
market
.
For
demand
,
these
can
include
consumer
preferences
,
income
levels
,
and
prices
of
related
goods
.
For
supply
,
determinants
can
include
production
costs
,
technology
,
and
the
number
of
suppliers
in
the
market
.
Demand
measures
how
sensitive
the
quantity
demanded
of
a
good
is
to
a
change
in
its
price
.
If
demand
is
,
a
small
price
change
will
lead
to
a
significant
change
in
quantity
demanded
.
Conversely
,
if
demand
is
,
quantity
demanded
changes
little
with
price
fluctuations
.
A
demand
refers
to
a
change
in
the
demand
curve
,
which
can
occur
due
to
factors
like
changes
in
consumer
preferences
,
income
,
or
the
prices
of
related
goods
.
A
rightward
shift
indicates
an
increase
in
demand
,
while
a
leftward
shift
indicates
a
decrease
.
The
supply
is
a
graphical
representation
of
the
relationship
between
the
price
of
a
good
and
the
quantity
supplied
.
Typically
,
it
slopes
upward
,
indicating
that
as
prices
increase
,
producers
are
willing
to
supply
more
of
the
good
.
A
demand
is
a
table
that
shows
the
quantity
of
a
good
that
consumers
are
willing
to
purchase
at
various
price
levels
.
It
provides
a
clear
view
of
how
demand
changes
with
price
,
helping
to
illustrate
the
demand
curve
.
Supply
-
side
economics
is
an
economic
theory
that
emphasizes
boosting
economic
growth
by
increasing
the
of
goods
and
services
.
This
can
be
achieved
through
tax
cuts
,
deregulation
,
and
incentives
for
production
,
with
the
belief
that
these
measures
will
lead
to
job
creation
and
increased
investment
.
Demand
-
side
economics
focuses
on
increasing
for
goods
and
services
to
stimulate
economic
growth
.
This
approach
often
involves
government
spending
,
tax
cuts
for
consumers
,
and
policies
aimed
at
boosting
consumer
confidence
and
spending
,
with
the
idea
that
increased
demand
will
lead
to
higher
production
and
employment
.
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