I am trying to make sense of this and I'm not sure I have the right formula, any help would be great.
If 20 people shop at a widget flee-market and
there are 400 widget sellers in the flee-market
you could say in this isolated example that the
demand=20
supply=400
The question I have before me is to make sense of this (maybe as a ratio) to know if the widget flee-market is a bad market.
Any help is great. please keep it adult.
thanks