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If there is higher supply of a good then the price goes down and the amount of the good sold goes up. This is entirely symmetric to higher demand leading to hig
by jules 9y ago
If there is higher supply of a good then the price goes down and the amount of the good sold goes up. This is entirely symmetric to higher demand leading to higher prices which results in more supply.
People will not buy mud pies unless the price is so outrageously low that they can use the mud for their garden. The opposite equivalent of a mud pie is a product that nobody will produce except at an outrageously high price.