Supply and Demand ... High Supply of Goods (Quantity) <-> Low Demand of Goods (Quantity) Low Supply of Goods (Quantity) <-> High Demand of Goods (Quantity) also Low Cost of Goods <-> High Demand High Cost of Goods <-> Low Demand __________________________________________________________________________________________________ Assumptions ... More Efficient Products --> More Demand For Goods (Quantity) Less Efficient Products --> Less Demand For Goods (Quantity) __________________________________________________________________________________________________ More Efficient Products --> More Demand For Goods (Quantity) <-> Low Supply of Goods (Quantity) Less Efficient Products --> Less Demand For Goods (Quantity) <-> High Supply of Goods (Quantity) More Efficient Products --> More Demand For Goods (Quantity) <-> Low Cost of Goods Less Efficient Products --> Less Demand For Goods (Quantity) <-> High Cost of Goods __________________________________________________________________________________________________ Ways to reduce demand, as a supplier: By selling inefficient product(s) By increasing the supply of the product(s) By selling the product(s) at a high cost Ways to increase demand, as a supplier: By selling efficient product(s) By reducing the supply of the product(s) By selling the product(s) at a low cost Ways to reduce supply, as a consumer: By decreasing demand for the product(s) By wanting efficient product(s) By wanting cheap product(s) Ways to increase supply, as a consumer: By increasing demand for the product(s) By wanting inefficient product(s) By wanting expensive product(s) ___________________________________________________________________________________________________ small purchacing power, can only buy low (quantity * quality) large purchacing power, can buy high (quantity * quality) and low (quantity * quality) replace "quality" for "efficiency" small purchacing power <-> reduction in supply to them small purchacing power <-> increase in demand from them large purchacing power <-> increase in supply to them large purchacing power <-> reduction in demand from them __________________________________________________________________________________________________ [1] The following products have high demand: [1.1] The ecologically friendlyness of the product is higher than existing products, including the manafacturing and use, and [1.1.1] The use efficiency of the product is the same or higher than existing products, or [1.1.2] The consumer purchace price is lower than existing products __________________________________________________________________________________________________