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      <title>Infographic  by Joshua M</title>
      <link>https://padlet.com/20muellj/sbs8z8e0ck4y</link>
      <description>Business </description>
      <language>en-us</language>
      <pubDate>2017-04-05 20:03:57 UTC</pubDate>
      <lastBuildDate>2026-01-06 02:58:14 UTC</lastBuildDate>
      <webMaster>hello@padlet.com</webMaster>
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      <item>
         <title>Law of Demand </title>
         <author>20muellj</author>
         <link>https://padlet.com/20muellj/sbs8z8e0ck4y/wish/164997914</link>
         <description><![CDATA[<div>As the price of a service or product increases, the demand goes down.  </div>]]></description>
         <enclosure url="https://padletuploads.blob.core.windows.net/prod/189864657/2156e4508f22e85328e9930192f38c7c/demand.gif" />
         <pubDate>2017-04-05 20:06:06 UTC</pubDate>
         <guid>https://padlet.com/20muellj/sbs8z8e0ck4y/wish/164997914</guid>
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      <item>
         <title>Law of Supply </title>
         <author>20muellj</author>
         <link>https://padlet.com/20muellj/sbs8z8e0ck4y/wish/165242649</link>
         <description><![CDATA[<div>Increase in price is resulted in increase in quantity. direct relationship in price and quantity </div>]]></description>
         <enclosure url="https://padletuploads.blob.core.windows.net/prod/189864657/39b1a7378e1ba4943ea44a6a58e3ca68/supply.jpg" />
         <pubDate>2017-04-06 18:50:22 UTC</pubDate>
         <guid>https://padlet.com/20muellj/sbs8z8e0ck4y/wish/165242649</guid>
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      <item>
         <title>Supply curve </title>
         <author>20muellj</author>
         <link>https://padlet.com/20muellj/sbs8z8e0ck4y/wish/165243859</link>
         <description><![CDATA[<div>Relationship between a price or service and the quantity supplied </div>]]></description>
         <enclosure url="https://padletuploads.blob.core.windows.net/prod/189864657/dab097e465a71f7b3e322b9ef03e4e75/supply_curve.jpg" />
         <pubDate>2017-04-06 18:54:44 UTC</pubDate>
         <guid>https://padlet.com/20muellj/sbs8z8e0ck4y/wish/165243859</guid>
      </item>
      <item>
         <title>Demand curve </title>
         <author>20muellj</author>
         <link>https://padlet.com/20muellj/sbs8z8e0ck4y/wish/165244825</link>
         <description><![CDATA[<div>Demand for a raw material or type of service and how it changes with price.</div>]]></description>
         <enclosure url="" />
         <pubDate>2017-04-06 18:58:04 UTC</pubDate>
         <guid>https://padlet.com/20muellj/sbs8z8e0ck4y/wish/165244825</guid>
      </item>
      <item>
         <title>Law of Diminishing Marginal Utility</title>
         <author>20muellj</author>
         <link>https://padlet.com/20muellj/sbs8z8e0ck4y/wish/165245820</link>
         <description><![CDATA[<div>When you try/buy/purchase something again and again and it becomes less exciting </div>]]></description>
         <enclosure url="" />
         <pubDate>2017-04-06 19:02:09 UTC</pubDate>
         <guid>https://padlet.com/20muellj/sbs8z8e0ck4y/wish/165245820</guid>
      </item>
      <item>
         <title>Surplus </title>
         <author>20muellj</author>
         <link>https://padlet.com/20muellj/sbs8z8e0ck4y/wish/165246161</link>
         <description><![CDATA[<div>When a business has more supply than demand </div>]]></description>
         <enclosure url="https://padletuploads.blob.core.windows.net/prod/189864657/c5ac5991e171c2fdcba06ac172b80c9b/Sarge_cars.png" />
         <pubDate>2017-04-06 19:03:28 UTC</pubDate>
         <guid>https://padlet.com/20muellj/sbs8z8e0ck4y/wish/165246161</guid>
      </item>
      <item>
         <title>Shortage</title>
         <author>20muellj</author>
         <link>https://padlet.com/20muellj/sbs8z8e0ck4y/wish/165246884</link>
         <description><![CDATA[<div>Just the opposite of a Surplus. When a company doesn't have the supply to meet the demand</div>]]></description>
         <enclosure url="" />
         <pubDate>2017-04-06 19:06:27 UTC</pubDate>
         <guid>https://padlet.com/20muellj/sbs8z8e0ck4y/wish/165246884</guid>
      </item>
      <item>
         <title>Equilibrium price </title>
         <author>20muellj</author>
         <link>https://padlet.com/20muellj/sbs8z8e0ck4y/wish/165247342</link>
         <description><![CDATA[<div>This is when the businesses supply meets the demand for their service of product. The E. Price is when supply and demand are equal</div>]]></description>
         <enclosure url="" />
         <pubDate>2017-04-06 19:08:09 UTC</pubDate>
         <guid>https://padlet.com/20muellj/sbs8z8e0ck4y/wish/165247342</guid>
      </item>
      <item>
         <title>Substitutes </title>
         <author>20muellj</author>
         <link>https://padlet.com/20muellj/sbs8z8e0ck4y/wish/165379577</link>
         <description><![CDATA[<div>Substitutes are something that replaces a product that is usually less expensive to make. For example using sugar substitute instead of cane sugar. It costs less to produce and tastes the same</div>]]></description>
         <enclosure url="" />
         <pubDate>2017-04-07 13:35:40 UTC</pubDate>
         <guid>https://padlet.com/20muellj/sbs8z8e0ck4y/wish/165379577</guid>
      </item>
      <item>
         <title>Complements </title>
         <author>20muellj</author>
         <link>https://padlet.com/20muellj/sbs8z8e0ck4y/wish/165380689</link>
         <description><![CDATA[<div>Complements are goods that pair nicely with other products. For instance living in the great state we do; Beer and Pretzels, or cheese hats and a packers game </div>]]></description>
         <enclosure url="" />
         <pubDate>2017-04-07 13:39:25 UTC</pubDate>
         <guid>https://padlet.com/20muellj/sbs8z8e0ck4y/wish/165380689</guid>
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