Chapter 7
A inbuilt animosity seems apparent between the seller, the producer, and the consumer. Surpluses and shortages affect the various parts of the circle. A low price and cause a surplus. A seller may want to hold back until a better price occurs. A surplus can occur anywhere in the circle. Surpluses affect the prices. The whole circle benefits when the surplus is controlled. A good example--ticket price, especially from scalpers.
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