Meaning of supply and demand
Supply and demand
The following texts are the property of their respective authors and we thank them for giving us the opportunity to share for free to students, teachers and users of the Web their texts will used only for illustrative educational and scientific purposes only.
All the information in our site are given for nonprofit educational purposes
The information of medicine and health contained in the site are of a general nature and purpose which is purely informative and for this reason may not replace in any case, the council of a doctor or a qualified entity legally to the profession.
Learning
Glossary of learning terms
Meaning and definition of supply and demand :
Supply is the amount of a good or service that producers are willing and able to offer for sale (at all possible prices during a period of time).Demand is the amount of a good or service that consumers are willing and able to buy (at all possible prices during a period of time).The relationship of supply and demand influences the prices and quantity of goods and services sold in competitive markets, generally the lower the price of something, the more of it will be purchased and vice versa.
For the term supply and demand may also exist other definitions and meanings, the meaning and definition indicated above are indicative not be used for medical and legal or special purposes.
Source : http://www.maine.gov/education/lres/pei/glossary032008.rtf
Web site link of source : http://www.maine.gov/education/lres/pei/
Author : not indicated on the source document of the above text
If you are the author of the text above and you not agree to share your knowledge for teaching, research, scholarship (for fair use as indicated in the United States copyrigh low) please send us an e-mail and we will remove your text quickly.
Fair use is a limitation and exception to the exclusive right granted by copyright law to the author of a creative work. In United States copyright law, fair use is a doctrine that permits limited use of copyrighted material without acquiring permission from the rights holders. Examples of fair use include commentary, search engines, criticism, news reporting, research, teaching, library archiving and scholarship. It provides for the legal, unlicensed citation or incorporation of copyrighted material in another author's work under a four-factor balancing test. (source: http://en.wikipedia.org/wiki/Fair_use)
Google key word : supply and demand
Glossary of learning terms
Supply and demand
If you want to quickly find the pages about a particular topic as supply and demand use the following search engine:
Meaning and definition of supply and demand
What does it mean supply and demand explanation
Please visit our home page
Larapedia.com Terms of service and privacy page