What does supply and demand mean?

Definitions for supply and demand
sup·ply and de·mand

This dictionary definitions page includes all the possible meanings, example usage and translations of the word supply and demand.

Wiktionary

  1. supply and demandnoun

    an economic model of price determination in a market.

Wikipedia

  1. Supply and demand

    In microeconomics, supply and demand is an economic model of price determination in a market. It postulates that, holding all else equal, in a competitive market, the unit price for a particular good, or other traded item such as labor or liquid financial assets, will vary until it settles at a point where the quantity demanded (at the current price) will equal the quantity supplied (at the current price), resulting in an economic equilibrium for price and quantity transacted.

Wikidata

  1. Supply and demand

    In microeconomics, supply and demand is an economic model of price determination in a market. It concludes that in a competitive market, the unit price for a particular good will vary until it settles at a point where the quantity demanded by consumers will equal the quantity supplied by producers, resulting in an economic equilibrium for price and quantity. The four basic laws of supply and demand are: ⁕If demand increases and supply remains unchanged, a shortage occurs, leading to a higher equilibrium price. ⁕If demand decreases and supply remains unchanged, a surplus occurs, leading to a lower equilibrium price. ⁕If demand remains unchanged and supply increases, a surplus occurs, leading to a lower equilibrium price. ⁕If demand remains unchanged and supply decreases, a shortage occurs, leading to a higher equilibrium price.

How to pronounce supply and demand?

How to say supply and demand in sign language?

Numerology

  1. Chaldean Numerology

    The numerical value of supply and demand in Chaldean Numerology is: 8

  2. Pythagorean Numerology

    The numerical value of supply and demand in Pythagorean Numerology is: 7

Examples of supply and demand in a Sentence

  1. Ken Hasegawa:

    But for now there is no significant halt in production and no change to the supply and demand situation, so oil prices can still go lower.

  2. Kerry Trainor:

    Both the supply and demand side for premium paid video is totally proven.

  3. Chief Executive Jochen Tilk:

    The next 5 years will be somewhat challenging in terms of supply and demand.

  4. Orphe Divounguy:

    Mortgage rates are steering both supply and demand in today’s costly environment, home sales picked up in January when rates were relatively low, then slacked off as they ramped back up.

  5. Bill Whalen:

    One issue here is supply and demand, the second issue here is California's insistence upon moving away from fossil fuels to renewables.


Translations for supply and demand

From our Multilingual Translation Dictionary

Get even more translations for supply and demand »

Translation

Find a translation for the supply and demand definition in other languages:

Select another language:

  • - Select -
  • 简体中文 (Chinese - Simplified)
  • 繁體中文 (Chinese - Traditional)
  • Español (Spanish)
  • Esperanto (Esperanto)
  • 日本語 (Japanese)
  • Português (Portuguese)
  • Deutsch (German)
  • العربية (Arabic)
  • Français (French)
  • Русский (Russian)
  • ಕನ್ನಡ (Kannada)
  • 한국어 (Korean)
  • עברית (Hebrew)
  • Gaeilge (Irish)
  • Українська (Ukrainian)
  • اردو (Urdu)
  • Magyar (Hungarian)
  • मानक हिन्दी (Hindi)
  • Indonesia (Indonesian)
  • Italiano (Italian)
  • தமிழ் (Tamil)
  • Türkçe (Turkish)
  • తెలుగు (Telugu)
  • ภาษาไทย (Thai)
  • Tiếng Việt (Vietnamese)
  • Čeština (Czech)
  • Polski (Polish)
  • Bahasa Indonesia (Indonesian)
  • Românește (Romanian)
  • Nederlands (Dutch)
  • Ελληνικά (Greek)
  • Latinum (Latin)
  • Svenska (Swedish)
  • Dansk (Danish)
  • Suomi (Finnish)
  • فارسی (Persian)
  • ייִדיש (Yiddish)
  • հայերեն (Armenian)
  • Norsk (Norwegian)
  • English (English)

Word of the Day

Would you like us to send you a FREE new word definition delivered to your inbox daily?

Please enter your email address:


Citation

Use the citation below to add this definition to your bibliography:

Style:MLAChicagoAPA

"supply and demand." Definitions.net. STANDS4 LLC, 2024. Web. 27 Dec. 2024. <https://www.definitions.net/definition/supply+and+demand>.

Discuss these supply and demand definitions with the community:

0 Comments

    Are we missing a good definition for supply and demand? Don't keep it to yourself...

    Image or illustration of

    supply and demand

    Credit »

    Free, no signup required:

    Add to Chrome

    Get instant definitions for any word that hits you anywhere on the web!

    Free, no signup required:

    Add to Firefox

    Get instant definitions for any word that hits you anywhere on the web!

    Quiz

    Are you a words master?

    »
    an estate where cash crops are grown on a large scale (especially in tropical areas)
    A rogue
    B plantation
    C bias
    D humility

    Nearby & related entries:

    Alternative searches for supply and demand: