The video spoke of supply and demand mismatches. Give a real-life example of one of these mismatches. The video also spoke about companies achieving equilibrium between supply and demand having a possible competitive advantage, Give an example of this.
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Supply and demand mismatches occur when the quantity of a product or service available (supply) does not align with the quantity of the product or service that consumers want to buy (demand). This can result in either a surplus or a shortage. Show more…
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