+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

Results for tag: "Supply And Demand"

Global Economic Recovery in Post-Pandemic 2021 - Product Thumbnail Image

Global Economic Recovery in Post-Pandemic 2021

  • Report
  • March 2021
  • 117 Pages
  • Global
From
From
China's Economic Transformation. Edition No. 3 - Product Thumbnail Image

China's Economic Transformation. Edition No. 3

  • Book
  • February 2015
  • 464 Pages
  • China
Microeconomics. Theory and Applications, EMEA Edition - Product Thumbnail Image

Microeconomics. Theory and Applications, EMEA Edition

  • Book
  • January 2020
  • 592 Pages
  • Middle East, Africa, Europe Middle East, Africa, Europe
  • 7 Results (Page 1 of 1)
Loading Indicator

Supply and Demand is a fundamental concept of Economics, which states that in a competitive market, the unit price for a certain product will vary until it settles at a point where the quantity demanded by consumers will equal the quantity supplied by producers. This is known as the equilibrium price. The demand for a product is determined by the consumer's willingness to pay for it, while the supply is determined by the producer's cost of production. The Supply and Demand market is an important factor in the pricing of goods and services, and it affects the decisions of both consumers and producers. It is also used to analyze the effects of government policies on the economy. Examples of companies in the Supply and Demand market include Amazon, Walmart, Apple, Microsoft, and Google. Show Less Read more