theory of supply

theory of supply

the body of theory concerned with the determinants of the market SUPPLY of GOODS and SERVICES, and the effects of market supply (together with market demand) on the prices and quantities transacted of particular goods and services.

See SUPPLY FUNCTION, SUPPLY CURVE, SUPPLY CURVE ( SHIFT IN), MARGINAL PHYSICAL PRODUCT, COST FUNCTION, MARGINAL REVENUE PRODUCT, DIMINISHING RETURNS, ECONOMIES OF SCALE, ELASTICITY OF SUPPLY, EQUILIBRIUM MARKET PRICE, TOTAL COST, MARGINAL COST, PROFIT MAXIMIZATION, THEORY OF THE FIRM, THEORY OF MARKETS, PRICE SYSTEM.

Mentioned in ?
References in periodicals archive ?
The aim of the article is primarily to develop a new theory of supply chain alignment enablers rather than to provide a literature review per se, but the literature review is extensive.
Applying theories from other disciplines to logistics and supply chain management: a systematic literature review
The simple fact is that the whole issue boils down to the theory of supply and demand.
'All I cared ... was to see my daughter'
As there are so many taxi firms now and due to the old economic theory of supply and demand, maybe it would be wise for the taxi firms to offer a 10p discount for every five minutes that a taxi is late.
YOU SAY
If you used the classic economic theory of supply and demand then politicians would see a reduction in their salary.
Part-time MPs who rent their own apartments? That gets my vote... Director of Metier Consulting Jeff Jones argues that we should take a leaf out of Switzerland's book when it comes to pay for our parliamentarians
Of course, some of his instruction focused on the basics, such as the theory of supply and demand--knowledge Usibelli says he didn't get exposed to until high school or even college.
Joe Usibelli Jr
He pointed out that some portfolio and fund managers will wait companies disclosures about the performance of the third quarter of the year to determine the investment destinations whether on speculative or leadership according to the theory of supply and demand.
Economists expect erratic KSE performance this week
Chen and Antony Paulraj, in their 2004 Journal of Operations Management article, "Towards a Theory of Supply Chain Management: The Constructs and Measurements," a supply chain is a system of organizations, people, technology, activities, information, and resources involved in moving a product or service from supplier to customer.
The impact of logistics on the British defeat in the Revolutionary War
The source, however, said the monthly salaries would be fixed according to the theory of supply and the cost of recruitment.
New recruitment firms set to start operations
The theory of supply chain management is governed by the belief that value must be added to a process faster than cost, for the product or services to be advantageous to the organizations involved in its creation (Lamming, 1996).
The significant effect of information sharing and strategic supplier partnership on supplier performance
amp; Skjott-Larse (2007) agree that even though a unified theory of supply chain management has not emerged, an existing socio-economic theory can serve as a dominant theory if it is supplemented with one or even several other theoretical perspectives.
Exploring a theoretical basis for the management of the supply chain
Ruskin believed that the theory of supply and demand resulted in misery for workers, because it encouraged them to sell their labor at a discount when jobs were scarce.
Revolutionary book that inspired Gandhi turns 150
The age-old theory of supply and demand is driven by human nature as much as by statistics.
How markets work; supply, demand and the 'real world'

Financial browser ?
Full browser ?