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 ?
Abu Dhabi National Oil Company (Adnoc) announced on Sunday the opening for Taweelah Gas Compression Plant that will ensure a sustainable and economic supply of gas to major Abu Dhabi industries and the Northern Emirates.
916, which tasked the Committee on Energy to scrutinize DOE's national strategy in ensuring a continuous, adequate, and economic supply of energy 'with the end in view of achieving self-reliance in the country's energy requirements.'
Gatchalian of Senate Resolution 916 which directs the appropriate Senate committee to scrutinize the national strategy of the Department of Energy (DOE) in ensuring a continuous, adequate and economic supply of energy "with the end in view of achieving self-reliance in the country's energy requirements."
However, this booming economic supply needs larger markets with higher demands to balance the situation.
This will enable us to deliver against our strategic objective of providing a sustainable and economic supply of gas to the UAE."
Abu Dhabi: Adnoc announced on Monday that it is focused on ensuring a sustainable and economic supply of gas for the UAE's growing demand and to help achieve this, it will access undeveloped tight reservoirs, tap into its gas caps and expand sour gas production.
This is Pakistan's time to become an indispensable part of global economy (global economic supply chain) and completion of CEPC and inclusion of regional countries will greatly enhance Pakistan's position in the region.
He thinks that one's diet ought to be determined by one's own preferences, at least up to a certain point; 'Food choices become ethical when they intersect with complex economic supply chains in ways that cause better or worse outcomes for other people, for nonhuman animals, or for the environment' (p.
The financial supply curve for RE is placed above the economic supply curve, so all other aspects being equivalent, the moment of junction with the evaded expenditures of thermal generation will be at a reduced amount of RE.
The price used in step one and the quantity generated in step two provide the matching coordinates for the vertical and horizontal axis of the common economic supply curve.
Washington, Feb 28 ( ANI ): A Texas research institute has released a 10-minute video that tries to explain the mysteries of attraction in terms of economic supply and demand.
With the destruction of the tunnels, the Egyptian military has uprooted the economic supply line for Sinai's Islamist terror organizations.