supply and demand

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Related to Market demand: Law of demand

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 ?
CEOs from 57% of surveyed companies are concerned about possible weak market demand over the next 12 months; 39% are worried about the impact of rising energy prices; and 36% are concerned about steadily-climbing interest rates, up from 29%.
In this sense, the book proposes and explains a system dubbed the information evolution model, whose function is to help in the transition from being a company limited to information collection to a company that uses information to evolve toward what the authors called an "intelligent enterprise," that is, a company that uses information to recognize with precision what the market demands, and acts.
Providers of training and education, whether private or public, have to be responsive to market demand.
This new level of demand is truly amazing when you consider that as recent as 1990 market demand for scrap tires was a mere 11% of the total number generated annually.