supply and demand

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Supply and Demand

The availability of goods and services in the market and the desire of consumers to buy them. Supply and demand is a major factor (some economists believe the only factor) in determining the price of a good or service. See also: Law of Supply and Demand.

supply and demand

see SUPPLY CURVE, DEMAND CURVE.

supply and demand

An economic principle that says the price is determined by the point where supply equals demand.As supplies increase and purchasers have more choices of housing or commercial spaces,sellers and landlords will begin to compete on the basis of price and prices will come down.As demand increases and there are insufficient properties in the market to meet the demand, purchasers will begin bidding up the prices or sellers will raise prices until they meet some price resistance.

References in periodicals archive ?
Purpose of the cooperative is the full support of its members to the economic supply of IT services and IT supplies, thereby promoting the public purposes pursued by the members through a joint business operation.
Purpose of the cooperative is the comprehensive support of its members to the economic supply of IT services and IT supplies and thus promoting the public purposes pursued by the members through a joint business operation.
Total quantity or scope: Contracting authority - who every day make it about 2804 meals are one-off or 3 times meals to the Economic Supply Centre four schools, barley General Road Primary School, in VasvEir Road Primary School, New Town Square Primary School and Thomas Bolyky For School - purchase of raw food materials
supply thermal energy in a minimum volume of 10,500 GJ / year contracting authority and the supplier of the newly installed combined heat and power plants to natural gas, all in order to get effective, reliable, secure and economic supply of thermal energy.
In order to shed light on the issues of stable and economic supply we think it quite important to carry out the feasibility study for production in Brazil and for export marketing.
Tomber also includes a discussion of the pottery's contribution to debates about the production, consumption, and transport of commodities in Roman Egypt, and, in particular, the economic supply system in place in the Eastern Desert during the period of Roman rule.
A tonnage war is a naval strategy designed to disrupt the enemy's economic supply chain by destroying merchant shipping.
The GPC also approved the opening of an office for economic supply in Singapore.
The report complements the consultation document that National Grid issued in June which highlighted the different solutions available to ensure a safe, secure and economic supply of electricity is maintained.
But once the oil is brought to shore, it will creep into the world's economic supply chain unnoticed by consumers.
One doesn't have to study the intricacies of economic supply and demand to see that we have a formula for major consolidation.