African Art
Supply and demand is an economic model that explains how the price and quantity of goods are determined in a market. It illustrates the relationship between the availability of a product (supply) and the desire of consumers to purchase it (demand), highlighting how these forces interact to establish market equilibrium. In the context of art, particularly African art, supply and demand can influence the production, pricing, and commercialization of artistic works, especially as they become commodified for tourist consumption.
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