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supply and demand
(redirected from Economic supply)

   Also found in: Encyclopedia, Wikipedia, Hutchinson 0.02 sec.
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.



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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.
We developed this next generation product to meet the growing demand for a reliable, economic supply of hydrogen in smaller quantities," said Jon Slangerup, President and CEO of Stuart Energy.
Adequate transmission capacity helps to ensure the reliable and economic supply of electric energy to residents and businesses and the overall security of the power grid.
 
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