demand and supply
Definition
Economic forces fundamental to the price mechanism in a free market system. They determine the price of a good or service offered, and are in turn determined by the price obtainable. It is a largely self-regulatory mechanism generally resulting in market equilibrium where products demanded at a price are equaled by products supplied at that price.
demand and supply is in the Economics, Politics, & Society subject.
demand and supply appears in the definitions of the following terms:
free market,
general equilibrium,
information-based model,
price determination,
floating exchange rate,
interbank offered rate (IBOR),
clean float,
capital market,
market coordination,
commodity futures
and
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