supply and demand

listen to the pronunciation of supply and demand
Englisch - Englisch
The name of the most important model in all of economics
Supply is the amount of goods available at a given price at any time Demand is how many consumers desire the goods that are in supply
An appraisal principle that states that the value of a property depends on the quantity and price of the property type available in the market and on the number of market participants and the price that they are willing to pay
The business principle which asserts that selling prices go up or down based on the balance between supply or product availability and demand or number of potential customers in the market
the relationship between the amount of goods for sale and the amount of goods that people want to buy, especially the way it influences prices. Relationship between the quantity of a commodity that producers have available for sale and the quantity that consumers are willing and able to buy. Demand depends on the price of the commodity, the prices of related commodities, and consumers' incomes and tastes. Supply depends not only on the price obtainable for the commodity but also on the prices of similar products, the techniques of production, and the availability and costs of inputs. The function of the market is to equalize demand and supply through the price mechanism. If buyers want to purchase more of a commodity than is available on the market, they will tend to bid the price up. If more of a commodity is available than buyers care to purchase, suppliers will bid prices down. Thus, there is a tendency toward an equilibrium price at which the quantity demanded equals the quantity supplied. The measure of the responsiveness of supply and demand to changes in price is their elasticity
the law of supply states that increased expenses are worth the investment only when higher profits are made from higher costs of higher productions ratios; the law of demand states that if goods and services are produced in a specified quantity, then prices will be lowered also
The fundamental economic forces that drive real estate prices Some theorize that the supply of real estate is fixed, and that only demand changes
powers of the market that are responsible for setting the prices according to the relationship between the offered amount of a product to the actual amount that is wanted by the public
The economic principle that asserts that the less common something is, or the more that people want it, the higher its price The opposite is also true, according to this principle: The more common something is, or the less that people want it, the lower its price
Supply is how much of a product is available and the price it is willing to be sold at Demand is how many people want the product and the price they are willing to pay for it
law of supply and demand
theory that there should be a parity between the request and supply of products in the marketplace
supply and demand


    sup·ply and de·mand

    Türkische aussprache

    sıplay ınd dîmänd


    /səˈplī ənd dəˈmand/ /səˈplaɪ ənd dɪˈmænd/


    [ 's&-p&l also 's ] (adjective.) 14th century. Middle English souple, from Middle French, from Latin supplic-, supplex entreating for mercy, suppliant, perhaps from sub- + -plic- ; more at PLY.

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