More recent theories, such as indifference-curve analysis and revealed preference, offer more flexibility to the supply and demand theories created by proponents of marginal utility. The theory of elasticity is significant as well: it shows how certain commodities will bear a substantial rise in ...
Demand for advanced fiber, virgin and reclaimed, is on an upswing after a dip during the recent recession. Fiber suppliers are gearing up to meet an expected increase in demand as manufacturers in a number of composites end-markets scale up or start up p
electrification around the world — would likely cause a gap between supply and demand. And to overcome these challenges and support increased demand, goals mining and metals companies should work toward now include scenario planning, optimized portfolios, transparent supply chains and increased ...
Economic recessions and restoration change the dynamics of demand and supply in the supply chain. How to match supplier relationships with the dynamic changes to sharp profitability performance is pivotal for firms’ supply chain management during economic waves. Based on the Resource Dependence Theory,...
Using data on the date of theatrical release of movies I am able to document that, for top movies, the time length between the date of theatrical release of movies in the US and the date of release abroad has significantly dropped in recent years. Top movies are being released on average...
However, recent reports on on-demand ride-hailing17,18,19 indicate that dynamic pricing may have the opposite effect and instead cause demand–supply imbalances. Fig. 1: Dynamic pricing in on-demand mobility. a Schematic illustration of dynamic pricing. The total price separates into the base ...
Table 1. Summary of recent review articles. Download CSVDisplay Table The main contributions of this paper are threefold. (1) This paper conducts a comprehensive review and analysis of the existing studies on either reducing food waste or enhancing resilience in the FSC from multiple perspectives,...
In addition, they will be expected to develop the skills to know how to utilise the results of this number crunching, and communicate effectively and persuasively--often to a non-technical audience. Other areas in which we have noticed significant demand growth in recent years are private ...
International trade creates demand for and facilitates the spread of problematic goods such as conflict minerals16. Importantly, international trade relations also act as direct and indirect transmission channels for economic shocks, such as supply or demand reductions17,18,19,20. Several recent works ...
The market theory of supply and demand was popularized by Adam Smith in 1776. Consumer demand for a good decreases as its price rises. As prices rise, producers manufacture more to gain more profits. The optimal price that shows an equilibrium between supply and demand is where the supply and...