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
supply and demandnoun
an economic model of price determination in a market.
Wikipedia
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
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.
Numerology
Chaldean Numerology
The numerical value of supply and demand in Chaldean Numerology is: 8
Pythagorean Numerology
The numerical value of supply and demand in Pythagorean Numerology is: 7
Examples of supply and demand in a Sentence
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.
Both the supply and demand side for premium paid video is totally proven.
The next 5 years will be somewhat challenging in terms of supply and demand.
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.
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
- спрос и предлоRussian
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"supply and demand." Definitions.net. STANDS4 LLC, 2024. Web. 27 Dec. 2024. <https://www.definitions.net/definition/supply+and+demand>.
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