Wiseacre
Retired USAF Chief
yes, exactly.
Supply is COST. Inventory is COST.
Demand is PROFIT.
Not necessarily. Demand is revenue, which may or may not exceed cost. Kinda depends on the price, if it's too high then demand will find alternatives.
Supply without Demand is Inventory. Inventory is COST.
If your selling things below cost, you wont stay in business long.
True, which is why lowering costs is so important. IOW, supply side economics.