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“Supply and Demand: The Basics of Small Business Success”

“Supply and Demand: The Basics of Small Business Success”

In the world of microeconomics, the concepts of supply and demand are essential to understanding how markets function, particularly for small businesses. Supply and demand not only affect pricing and product availability but also directly influence a business’s potential for profitability and growth. Small business owners, whether in retail, service industries, or online markets, need...

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