Demand destruction
id:
demand-destruction-241-7392302
title:
Demand destruction
text:
Demand destruction is a permanent downward shift on the demand curve in the direction of lower demand of a commodity, such as energy products, induced by a prolonged period of high prices or constrained supply. In the context of the oil industry, "demand" generally refers to the quantity consumed, rather than any measure of a demand curve as used in mainstream economics. In economics, demand destruction refers to a permanent or sustained decline in the demand for a certain good in response to pe
brand slug:
wiki
category slug:
encyclopedia
description:
Permanent downward shift on the demand curve of a commodity
original url:
https://en.wikipedia.org/wiki/Demand_destruction
date created:
date modified:
2024-02-26T22:43:41Z
main entity:
{"identifier":"Q5255034","url":"https://www.wikidata.org/entity/Q5255034"}
image:
fields total:
13
integrity:
14