Adam Smith described the law of supply and demand as

Name: Adam Smith described the law of supply and demand as
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The law of supply and demand is a natural phenomenon that describes the relationship between the price of a good or service and the quantity of that good or service that is supplied and demanded. Adam Smith referred to this phenomenon as the "invisible hand" because it operates without any conscious direction or intervention from any central authority.

Adam Smith Described the Law of Supply and Demand as