Law of demand and supply is one of the most basic principles
in economics. An ideal state of market equilibrium is reached when the supply
in the market exactly matches the demand of the market. However, this
equilibrium in market is difficult to achieve and sustain due to a lot of
related elements that govern demands and supplies. In fact, it is strongly
suggested that for an economy to grow, it is important that demand is always
slightly higher than the supply. Interestingly, this theory of economics is
also applicable to parenting.
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