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I have watched clinic orders significantly increase as insurance companies began covering this vaccine. Most consumers were not as willing to purchase this product at a cash price.
"A change in demand is different from a change in the quantity demanded, the latter being a movement from one point to another point on a fixed demand curve because of a change in the product's price."
(McConnell & Brue, 2004, Chp.3).
Supply is a schedule or curve showing the amounts of a product that producers are willing and able to make available for sale at each of a series of possible prices during a specific period...
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