equilibrium of supply and demand
1Supply and demand — For other uses, see Supply and demand (disambiguation). The price P of a product is determined by a balance between production at each price (supply S) and the desires of those with purchasing power at each price (demand D). The diagram shows a… …
2supply and demand — Relationship between the quantity of a commodity that producers have available for sale and the quantity that consumers are willing and able to buy. Demand depends on the price of the commodity, the prices of related commodities, and consumers… …
3equilibrium — The stable state of the system. Bloomberg Financial Dictionary See: attractor. Bloomberg Financial Dictionary * * * equilibrium e‧qui‧lib‧ri‧um [ˌiːkwˈlɪbriəm] noun [uncountable] ECONOMICS the idea that there is a situation in an economy where… …
4Equilibrium — is the condition of a system in which competing influences are balanced and it may refer to:cienceBiology* Equilibrioception, the sense of balance present in humans and animals * Homeostasis, the ability of an open system, especially living… …
5Demand curve — An example of a demand curve shifting In economics, the demand curve is the graph depicting the relationship between the price of a certain commodity, and the amount of it that consumers are willing and able to purchase at that given price. It is …
6Equilibrium — The state in which market supply and demand balance each other and, as a result, prices become stable. Generally, when there is too much supply for goods or services, the price goes down, which results in higher demand. The balancing effect of… …
7Demand Schedule — In economics, the demand schedule is a table of the quantity demanded of a good at different price levels. Thus, given the price level, it is easy to determine the expected quantity demanded. This demand schedule can be graphed as a continuous… …
8Supply shock — A supply shock is an event that suddenly changes the price of a commodity or service. It may be caused by a sudden increase or decrease in the supply of a particular good. This sudden change affects the equilibrium price. A negative supply shock… …
9Supply — A fundamental economic concept that describes the total amount of a specific good or service that is available to consumers. Supply can relate to the amount available at a specific price or the amount available across a range of prices if… …
10Demand-side — The Demand side is a term used in economics to refer to a number of things: The demand element of a supply and demand partial equilibrium diagram, in microeconomics The aggregate demand in an economy, in macroeconomics Economic policy actions… …
