A note from Daniel

Conclusion Supply and demand are the push and pull determining availability and price. Their dance is never-ending. A sudden shortage can send prices soaring; a new discovery can send them crashing. But supply and demand aren't just about price; they're also about allocation. They determine who gets what, and how much of it. When supply is low and demand is high, resources flow to those who are willing and able to pay the most.

Daniel The Great Mental Models, Volume 4, page 37 · December 7, 2024 Save to shelf
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