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Thread: A set of furniture costs 68 million RMB
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[quote=CAOJUAN157,231349]Sanya, what you have said can be explained by an economical theory--the Supply and Demand Principle. The balanced market price is decided both the Supply Curve and Demand Curve. The Supply Curve is upward with the rise of price, while the Demand Curve is downward with the rising price. Provided the S curve is fixed, if the number of buyers increases, the D curve will rise, which will raise the crossing point of the two curves and cause the rise of price. On the contrary, the price will lower.[/quote]
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