Originally posted by Jonesie
Lest we forget that Supply and Demand also affects price!
Demand > Supply, Price Rises
Supply > Demand, Price Falls
A bad example is attached below. Please forgive my aweful drawing skills, but you get the idea!
Later ~ Dave
Lest we forget that Supply and Demand also affects price!
Demand > Supply, Price Rises
Supply > Demand, Price Falls
A bad example is attached below. Please forgive my aweful drawing skills, but you get the idea!

Later ~ Dave
Ahh! A nice lesson in Microeconomics!
...according to micro econ, Tom should Increase the price of X-mags to reduce demand and meet an equillibrium :)

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