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Law of supply and demand (view source)
Revision as of 14:29, February 13, 2010
, 14:29, February 13, 2010no edit summary
*more profits for suppliers
*more profits for suppliers
*lower prices for buyers
*lower prices for buyers
<center>
[[File:Supply and demand.jpg]]
</center>
<blockquote>
Equilibrium Price - Where supply and demand intersect is the equilibrium price and quantity, analogous to an auction. It is the first plateau in microeconomics. The analytico-synthetic method has been used to arrive at it, and now one has some insight into previously opaque reality. [http://www.webshells.com/college/grid5.htm]
</blockquote>
== See also ==
== See also ==