Supply and Demand

Supply is how much you have of something and demand is how much the public wants of it.Eg:If you have 100 cars and the public wants 200 of them then your supply doesn't meet your demand. If you have 200 cars and the public want the same amount then the supply meets the demand.But if you have 300 and the public only wants 200 your supply goes over the demand. Though if you have 100 cars and the public wants 200 (as said before)the price will go up and the demand will go down as people will only be willing to pay the lower amount.So then you will only be left with the people willing to pay the higher price.This week we did some trading and talked about supply and demand.I discovered how hard it is to stay in a group as I have been going back and forth inbetween different groups.