Meaning Of The Word Law of supply and demand
What's the definition of Law of supply and demand? Find Law of supply and demand meanings, definitions and more at the Real Dictionary online.
Law of supply and demand Meaning
| Law of supply and demand Definition |
|---|
What's The Definition Of Law of supply and demand?
law of supply and demand in British English
noun: the theory that prices are determined by the interaction of supply and demand: an increase in supply will lower prices if not accompanied by increased demand, and an increase in demand will raise prices unless accompanied by increased supply |
More Definitions
A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z
Definitions Of The Day
- Unrevealed ‐ adjective: not having been disclosed, divulged…
- Soft spot ‐ a special sympathetic affection or weakness for…
- Capitulationism ‐ noun: advocacy or approval of…
- Gummosis ‐ the giving off of gummy substances as a result…
- Have itchy feet ‐ to be restless; have a desire…
- Uralian emerald ‐ noun: a brilliant green variety of garnet, used…
- York rite ‐ a system of ceremonial procedure in Freemasonry…
- Invected ‐ adjective: bordered with small convex curves…
- Ichthyophagy ‐ noun: the practice of eating or subsisting on…
- Ernestine ‐ a feminine name: dim. Tina; noun: a female given…