What Does Economic Supply Mean? Contents[show] When the price of a product is low, the supply is low. When the price of a product is high, the supply is high. This makes sense because companies are seeking profits in the market place. They are more likely to produce products with a ...
The meaning of ECONOMICS is a social science concerned chiefly with description and analysis of the production, distribution, and consumption of goods and services. How to use economics in a sentence.
beer was in short supply in that hot weather Nevil Shute b : provisions, stores usually used in plural c : a member of the clergy filling a vacant pulpit temporarily d obsolete : reinforcements often used in plural 2 : the act or process of filling a want or need engaged in th...
in short supply What are some words that often get used in discussingsupply? economics demand charity provider surplus military water air How issupplyused in real life? Supplyis a common word that means to give something or means a stored quantity of something. ...
Law of Supply and Demand Demandandsupplyplay a key role in setting price of a particular product in the market economy. Since demands of buyers are endless, not all that is demanded can be supplied due to scarcity of resources. This is where the relationship of demand and supply plays a ...
in short supply What are some words that often get used in discussingsupply? economics demand charity provider surplus military water air How issupplyused in real life? Supplyis a common word that means to give something or means a stored quantity of something. ...
Supply means the quantity of that article which could be had at that price.' --F. A. Walker. Meaning of Supplies from wikipedia - Look up supply or supplies in Wiktionary, the free dictionary. Supply or supplies may refer to: The amount of a resource that is available Supply (economics...
Example: “She decided to major in economics to understand global financial systems better.” Economy (Noun) The state of a country or region in terms of the production and consumption of goods and services and the supply of money. Example: “The economy has been growing at a steady pace ...
The meaning of SUPPLY is the quantity or amount (as of a commodity) needed or available. How to use supply in a sentence.
The meaning of SUPPLY is the quantity or amount (as of a commodity) needed or available. How to use supply in a sentence.