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Introduction to Supply and Demand

The law of supply and demand is a fundamental concept of economics and a theory popularized by Adam Smith in 1776. The principles of supply and demand are effective in predicting market behavior.
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Ercot supply and demand chart explains power use as local Texas region preps for Arctic freeze

HOUSTON (CW39) — Power is essential in Texas during any major weather event in our area. As Greater Houston, surrounding counties and all of Southeast Texas prepares for the upcoming freeze, we asked ...