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Net Mba Business Knowledge Center: Supply and Demand

Curated by ACT

This website offers a very simple yet helpful description and example of the interaction of supply and demand, and what will happen to price and quantity when one or both of your supply and demand curves shift. This would be a good place to start if you are just beginning a study on supply and demand.

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Concepts
demand, supply and demand, surplus
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Additional Tags
price and quantity, shortage, supply, e.f.5 markets exist when consumers and producers interact. when supply or demand changes, market prices adjust. those adjustments send signals and pr, supply and demand within a market economy
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Classroom Considerations
  • Knovation Readability Score: 4 (1 low difficulty, 5 high difficulty)
  • This resource is only available on an unencrypted HTTP website.It should be fine for general use, but don’t use it to share any personally identifiable information