Search results
We did not find results for: supply and demand simple definition.
Check spelling or type a new query.
We did not find results for: supply and demand simple definition.
Check spelling or type a new query.
In microeconomics, supply and demand is an economic model of price determination in a market. It postulates that, holding all else equal, in a competitive market, the unit price for a particular good or other traded item such as labor or liquid financial assets, will vary until it settles at a point where the quantity demanded will equal the quantity supplied (the market-clearing price), resulting... Wikipedia