Quantity adjustment
id:
quantity-adjustment-266-829394
title:
Quantity adjustment
text:
In economics, quantity adjustment is the process by which a market surplus leads to a cut-back in the quantity supplied or a market shortage causes an increase in supplied quantity. It is one possible result of supply and demand disequilibrium in a market. Quantity adjustment is complementary to pricing. In the textbook story, favored by the followers of Léon Walras, if the quantity demanded does not equal the quantity supplied in a market, "price adjustment" is the rule: if there is a market su
brand slug:
wiki
category slug:
encyclopedia
description:
Concept in economics relating changes in supply to changes in price and vice versa
original url:
https://en.wikipedia.org/wiki/Quantity_adjustment
date created:
date modified:
2021-06-30T21:21:30Z
main entity:
{"identifier":"Q7268946","url":"https://www.wikidata.org/entity/Q7268946"}
image:
fields total:
13
integrity:
14