Yet, we are unable to meet the quantities demanded
The only available information consists of averages of prices and quantities demanded
of energy in contracts.
Typical quantities demanded
range from 27 to 56 thousand MWh.
These prices thrown up by the exchange process undertaken in real world markets are said to establish momentary equilibria, with an equality of the quantities demanded
and supplied and an exhaustion of all potential gains from trade.
That is the domestic market are steady in terms of quantities demanded
but the needs and the complexities are increasing, for example, lead time (sometimes) below 55 days, minimum order per color (sometimes) below 240 mts, Total Quality, No tolerance (delay, defect, quantity produced, etc.)
The smart card system applied this year will have no restrictions on the quantities demanded
for subsidised petroleum," Finance Ministry official Nagy Al-Ashkar said during a press conference on Saturday.
The quantities demanded
by the Italian and Croatian markets have declined as the Greek market demanded no lamb at all.
Although there is significant volatility, as concerns persist about growth in Europe, the US and elsewhere, in the long term it is going to be immensely challenging logistically to produce the quantities demanded
. Iron ore demand, for instance, is expected to increase by 50% between 2010 and 2016, from 1.8mt to 2.8mt.
In the simple framework of a constant marginal cost of each generator up to its capacity, this meant that the market had to sometimes clear "on the demand side." That is, high prices would occur at times of high demand or reduced supply, and those high prices would cause quantities demanded
to decline until they were in line with system capacity.
The introduction and effects of a tariff are shown in Figure 1 by the downward shift of the excess demand curve to [ED.sub.1], as the tariff acts as a tax on consumption, the new quantities demanded
and supplied in the importing and exporting countries are represented by [D.sub.1] [??] and [S.sub.1]' and De and [S.sub.e]', respectively.
Oil prices are set in a world market, and depend mainly on the quantities demanded
and supplied by different regions, not the currency of payment.