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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

supply and demand

see SUPPLY CURVE, DEMAND CURVE.
Collins Dictionary of Economics, 4th ed. © C. Pass, B. Lowes, L. Davies 2005

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.

The Complete Real Estate Encyclopedia by Denise L. Evans, JD & O. William Evans, JD. Copyright © 2007 by The McGraw-Hill Companies, Inc.
References in periodicals archive ?
In the long run, the political principles enunciated will, like the law of supply and demand, be verified and triumphant.
You've heard of the law of supply and demand .So hurry hurry.
Glad to see the price coming down but we really do need to put more focus on alternatives as the oil fields aren't infinite and the oil companies will use the law of supply and demand to inflate the prices.
Glad to see the price coming down but we really do need to put more focus in alternatives as the oil fields aren't infinite and the oil companies will use the law of supply and demand to inflate the prices!
He said this news untrue in all its aspects, adding that the central bank has nothing to do determination of the exchange rate in the parallel market because it was determined according to the law of supply and demand .
Buechner's claim that "there is no law of supply and demand as such in economics" and, while joining him in that error, she nevertheless deploys such concepts as "buyers" and "sellers"--precisely those who demand and supply things in accord with the law of supply and demand (which was concisely defined by Jean-Baptiste Say, as quoted in my review).
The people in the south-east of England - the financial centre of the UK and, if successive Westminster governments are to be believed, the world - are well versed in the law of supply and demand.
Employed optometrists allege that so-called "master shopticians" are very keen for the economic law of supply and demand to operate in their financial favour.
"The money market is a market where the price of money is determined by the law of supply and demand, but in Lebanon we have a centralized decision with regard to fixing exchange rates," he said.
The law of supply and demand is perfectly capable of taking care of such matters.
But there is still a higher overriding economic law of supply and demand that fuels these outlawed transactions.
Jurys Hotel maintains charging EUR450 for rooms which normally cost EUR99 is down to the old law of supply and demand.