change in supply
Definition
A situation that occurs when the producers of a particular good or service change the quantity available for purchase. A change in supply typically results in a market imbalance as prices adjust, and such a change can result from technological improvements, increased or decreased competition, and a rise in raw material prices or a drop in market prices.
Related Articles
- Types of Accounts Typically Offered by Banks *
- Introduction to Trading and Types of Orders *
- Being a Savvy Investor AND a Small Business Owner *
- Finding a Financial Advisor for Your Business Venture *
- Real Estate as an Investment *
- Taxation of IRA Contributions *
- Currency and Precious Metals as Investments *
- What Is a Capital Gain and What Does It Mean For My Taxes? *
Related Videos
http://www.businessdictionary.com/definition/change-in-supply.html
