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Comtrot, a mobile application developer, outsourced the development of an application to a cheaper location in another country. The application would notify users about their blood pressures twice a week. The final product was marketed in the country of Comtrot's origin. Which of the following does this situation demonstrate?
Say's Law
A principle stating that "supply creates its own demand," implying that production of goods and services will in turn generate enough demand for those goods and services.
Agricultural Production
The process and outcome of cultivating crops and livestock for human use and consumption.
Interest Rate
The percentage of a sum of money charged for its use, often expressed as an annual percentage.
Say's Law
A principle attributed to French economist Jean-Baptiste Say, suggesting that supply creates its own demand, meaning production inherently generates the demand for goods and services.
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