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supply and demand. In DICTIOUS you will not only get to know all the dictionary meanings for the word
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English
Noun
supply and demand (uncountable)
- (economics) A capitalistic model of price determination in a market, according to which, holding all else equal in a competitive market, the unit price for a particular good will eventually settle at a point where the quantity demanded will equal the quantity supplied (at the current price).
Translations
economic model of pricing