Furry Militia

The Forum/Hub of the Furry Militia costuming/activity group.


You are not connected. Please login or register

Supply and demand

View previous topic View next topic Go down  Message [Page 1 of 1]

1 Supply and demand on Mon Nov 22, 2010 2:46 am

Supply and demand is an economic model of price determination in a market. It concludes that in a competitive market, the unit price for a particular good will vary until it settles at a point where the quantity demanded by consumers (at current price) will equal the quantity supplied by producers (at current price), resulting in an economic equilibrium of price and quantity.
The four basic laws of supply and demand are [1]

power plate vibration machine
make friends with people

View user profile

View previous topic View next topic Back to top  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum