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

WiktionaryRate this definition:0.0 / 0 votes

1. supply and demandnoun

   an economic model of price determination in a market.

WikipediaRate this definition:0.0 / 0 votes

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.

WikidataRate this definition:0.0 / 0 votes

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?

1. Alex

   US English

   David

   US English

   Mark

   US English

   Daniel

   British

   Libby

   British

   Mia

   British

   Karen

   Australian

   Hayley

   Australian

   Natasha

   Australian

   Veena

   Indian

   Priya

   Indian

   Neerja

   Indian

   Zira

   US English

   Oliver

   British

   Wendy

   British

   Fred

   US English

   Tessa

   South African

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. Yoram Dvash:

   The rule of supply and demand doesn't necessarily apply to the diamond sector.

2. Murdo Morrison:

   It comes down to supply and demand – at the moment the high prices are to do with demand coming back quicker than supply. They can charge a premium for flights, and at the moment longhaul fares are a lot higher than 2019.

3. Scott Keyes:

   There's a mismatch of supply and demand, your hopes of getting cheap flights for the summer are slim to none.

4. Van Beurden:

   The theory also ignores the reality of our industry and as a matter of fact it actually risks distraction from the real issues around energy transition needs, if there will be no further investments in oil production, the gap between supply and demand could be 70 million barrels per day by 2040 ... we will need sustained and substantial investment just to meet the demand to fuel economic growth especially in the developing world.

5. Erick Carballo:

   Marketing is tricky for us in Cuba because we did not grow up in a world of supply and demand.

References

1. ^ Wiktionary
   https://en.wiktionary.org/wiki/Supply_and_Demand
2. ^ Wikipedia
   https://en.wikipedia.org/wiki/Supply_and_Demand
3. ^ Wikidata
   https://www.wikidata.org/w/index.php?search=supply and demand