Supply and demand
id:
supply-and-demand-183-3297237
title:
Supply and demand
text:
In microeconomics, supply and demand is an economic model of price determination in a market. It postulates that, holding all else equal, the unit price for a particular good or other traded item in a perfectly competitive market, will vary until it settles at the market-clearing price, where the quantity demanded equals the quantity supplied such that an economic equilibrium is achieved for price and quantity transacted. The concept of supply and demand forms the theoretical basis of modern eco
brand slug:
wiki
category slug:
encyclopedia
description:
Economic model of price determination in a market
original url:
https://en.wikipedia.org/wiki/Supply_and_demand
date created:
2002-01-24T21:43:20Z
date modified:
2024-09-06T15:51:44Z
main entity:
{"identifier":"Q166656","url":"https://www.wikidata.org/entity/Q166656"}
image:
{"content_url":"https://upload.wikimedia.org/wikipedia/commons/8/8c/Supply-demand-equilibrium.svg","width":217,"height":217}
fields total:
13
integrity:
16