Monday 13 July 2009
Hown the Market Works-Supply and Demand
I agree with this article. I believe that it is good for us because we can be free to plan about marketing plan. We can use creative thinking to sell our cargoes. Although this system may be sometime unfair for some part (seller or buyer). According to the example in this article "in 1973, the Oil Producing Export Countries (OPEC) stopped sending oil and in 1979, the revolution in Iran made the price of oil went up again. Consumers and businesses looked for ways to use less gas and oil." But I find the positive side from this example because this system is one of the causes to makes us discover the new technology to solve the problem.
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