enow.com Web Search

Search results

  1. Results from the WOW.Com Content Network
  2. Supply and demand - Wikipedia

    en.wikipedia.org/wiki/Supply_and_demand

    The aggregate demand-aggregate supply model may be the most direct application of supply and demand to macroeconomics, but other macroeconomic models also use supply and demand. Compared to microeconomic uses of demand and supply, different (and more controversial) theoretical considerations apply to such macroeconomic counterparts as aggregate ...

  3. Cobweb model - Wikipedia

    en.wikipedia.org/wiki/Cobweb_model

    When supply and demand are linear functions the outcomes of the cobweb model are stated above in terms of slopes, but they are more commonly described in terms of elasticities. The convergent case requires that the slope of the (inverse) supply curve be greater than the absolute value of the slope of the (inverse) demand curve:

  4. Supply (economics) - Wikipedia

    en.wikipedia.org/wiki/Supply_(economics)

    Supply is often plotted graphically as a supply curve, with the price per unit on the vertical axis and quantity supplied as a function of price on the horizontal axis. This reversal of the usual position of the dependent variable and the independent variable is an unfortunate but standard convention.

  5. Price controls - Wikipedia

    en.wikipedia.org/wiki/Price_controls

    The equilibrium price, commonly called the "market price", is the price where economic forces such as supply and demand are balanced and in the absence of external influences the (equilibrium) values of economic variables will not change, often described as the point at which quantity demanded and quantity supplied are equal (in a perfectly ...

  6. Market economy - Wikipedia

    en.wikipedia.org/wiki/Market_economy

    Supply and demand play an indispensable role in any market economy by ensuring prices reflect market forces accurately, adapting accordingly as conditions shift between supply and demand situations, while producers adjust production according to price signals from consumers, fulfilling customers' requests while giving individuals freedom in ...

  7. Supply-side economics - Wikipedia

    en.wikipedia.org/wiki/Supply-side_economics

    As in classical economics, supply-side economics proposed that production or supply is the key to economic prosperity and that consumption or demand is merely a secondary consequence. Early on, this idea had been summarized in Say's law of markets , which states: "A product is no sooner created, than it, from that instant, affords a market for ...

  8. Supply chain - Wikipedia

    en.wikipedia.org/wiki/Supply_chain

    A chain is actually a complex and dynamic supply and demand network. [9] A typical supply chain can be divided into two stages namely, production and distribution stages. In the production stage, components and semi-finished parts are produced in manufacturing centres. The components are then put together in an assembly plant.

  9. Price floor - Wikipedia

    en.wikipedia.org/wiki/Price_floor

    The equilibrium price, commonly called the "market price", is the price where economic forces such as supply and demand are balanced and in the absence of external influences the (equilibrium) values of economic variables will not change, often described as the point at which quantity demanded and quantity supplied are equal (in a perfectly ...