law of supply and demand


law of supply and demand
theory that there should be a parity between the request and supply of products in the marketplace

English contemporary dictionary. 2014.

Look at other dictionaries:

  • Law Of Supply And Demand — A theory explaining the interaction between the supply of a resource and the demand for that resource. The law of supply and demand defines the effect that the availability of a particular product and the desire (or demand) for that product has… …   Investment dictionary

  • law of supply and demand — a statement in economics: the competitive price that clears the market for a commodity is determined through the interaction of offers and demands * * * law of supply and demand noun The economic theory that the price of an item at a particular… …   Useful english dictionary

  • law of supply and demand — noun the economic principle that the price of a good or a service is determined by the forces of supply and demand so that, all other things being equal, an increase in demand causes the price to rise, while an increase in supply causes the price …   Australian English dictionary

  • law of supply and demand — /ˌlɔ:r əv səˌplaɪ ən dɪ mɑ:nd/ noun a general rule that the amount of a product which is available is related to the needs of potential customers …   Marketing dictionary in english

  • law of supply and demand — /ˌlɔ:r əv səˌplaɪ ən dɪ mɑ:nd/ noun a general rule that the amount of a product which is available is related to the needs of potential customers …   Dictionary of banking and finance

  • supply and demand — UK US noun [uncountable] economics the relationship between how much of a particular product is available and how much of it people want, and especially the way that this affects the level of prices Thesaurus: economy and economicshyponym * * *… …   Useful english dictionary

  • supply and demand — sup.ply and de mand n [U] 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 ▪ the law of supply and demand …   Dictionary of contemporary English

  • Supply and demand — For other uses, see Supply and demand (disambiguation). The price P of a product is determined by a balance between production at each price (supply S) and the desires of those with purchasing power at each price (demand D). The diagram shows a… …   Wikipedia

  • World Agricultural Supply and Demand Estimates — Infobox Journal title = World Agricultural Supply and Demand Estimates editor = World Agricultural Outlook Board discipline = Agriculture language = English abbreviation = WASDE publisher = United States Department of Agriculture country = United …   Wikipedia

  • Water supply and sanitation in Israel — is intricately linked to the historical development of Israel in the context of scarce water resources. Because the coastal plain of historical Palestine had few water resources, Theodor Herzl already envisioned the transfer of water from the… …   Wikipedia


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