What would be the definition of Law of Supply and Demand?
399764
If there is demand, there will be supply. They work side by side. One cannot exist without the other. As one increases or decreases, so will the other. Not always at the same rate of increase or decrease. This rule determines cost of production & selling price. On a simple grid, using a X & Y axis; where they cross is the selling price.
804607
Two principles that apply to every market are the supply and demand pricing dynamics and the product life cycle pricing dynamics.\n\nA project to demonstrate these principles that would be elegant is to choose two different markets and model the pricing in the market according to supply and demand and over time with respect to the product life cycle.\n\nMuch like a scientist investigating genetic eveolution, choose markets with relatively short product life cycles so that the time element is easily observed.\n\nFor example, the Apple ipod is a product that revolutionized the music industry by making downloading legal and cache.  The devices progressed from the first ipod, to the ipod mini to the ipod nano.  The backbone of the offering is iTunes, which changed the way we buy and listen to music.  Look at the pricing curves over time for the ipod models by looking at press releases and industry coverage of the ipod revolution.  You will see that the pressures of supply and demand drove the ipod pricing, while the product lifecycle drove the introduction of new models to keep the public buying and maintaining image and pricing.\n\nNext, look at the video game platform market.  In this market the product life cycle is very influential since new technology provides a more interesting user experience as the new models appear about every two years (product lifecycle).  The pricing of the platforms is below cost to attract gamers to buy the platform since the profit is derived from the game sales and royalties.\n\nTo go to a completely different market, look at hybrid cars.  The price of oil and fear of spiking oil prices, along with government incentives in tax credits and car-pool lane priviledges, drove demand of the flagship Toyota Prius into the stratosphere.  The cars are still difficult to find since the dealers are backlogged with orders from eager customers.  A bit of clever marketing and timing with the pressure on oil prices and the Global Warming crisis have continued to spur sales.  The more interesting story may be the Honda Civic hybrid that offers many of the same features as the prius, but hasn't enjoyed the attention from the press.  Look at the difference in the pricing as a result of the significant difference in demand.\n\nThat's a few ideas.  There are many more.  \n\nGood luck.\n\nj
685220
Well This is a term used is business. For example if there are three companies/manufacturers producing and selling automobiles each one would like to compete with one another and sell as many cars as possible in a year and also improve upon it. \nThe idea is to keep their factories to produce to their full capacity say 80%. Once they reach full capacity and if trhe demand continues either within that country or for export then they go for expansion of capacities.\nFor improving their market share each company compares their performance at each segment(area) for each period and how it is growing.\nThey also analyse the performance of competitors. \nThese are called market growth.\nGrowth in sale of a product in any given market segment in a particular period of time over the previous period of time \nis called market growth. It may be PLUS or MINUS too.
1156447
It is a commodity like oil.  The price is determined by the market (supply and demand).
436840
1. B.  The others are just moving along the supply curve, not shifting it.\n2. E.  Just try it out with a simple graph.  The entire equilibrium moves.
1030351
there should be a column of coefficients. estimated demand is equal to sum of products of those coefficients and corresponding variables, plus the constant.\n\nI.e. demand = constant +var1*coef1+var2*coef2+...
218302
because demand increases (you go left on the graph) as the price drops (go down on   [excuse me here, but it won't let me say g0 d0wn 0n ] the graph)\nOR, Price high, demand low, (Top left hand corner),  Price low, demand high (bottom right hand corner)\n\nFor supply:\nAs the supply increases (go up on the graph), the amount people are prepared to pay goes down (go left on the graph)\nOR,\nPrice high, supply high (top right)\nPRice low, supply low (bottom left)
30618
Supply and demand. Indusrial consumption of gold has the greatest effect on market value of gold/precious metals.
90069
No, ther is an inverse relationship between demand and price holing supply constant.  Meaning the lower the price, the more people are willing to pay it.  Take for example if it only cost 1 penny to go to the theatre.  People would be lineing up around the block to buy tickets.  Now think if it cost 1 million dollars to go to the theatre, no one would be able to afford tickets and demand would fall to zero.
421116
For example:\n\n"Those with money and other assets are able to use their purchasing power to tell producers of goods and services what to produce (and how much). Customers do not necessarily have to buy and, if dissatisfied, can take their business elsewhere, while the profit-seeking sellers find that they can make the greatest profit by trying to provide the best possible products for the price (or the lowest possible price for a given product). In the language of cliché, "he who pays the piper calls the tune.""
69410
The demand for goods is what sets prices. It is an econimic principle that basically says that the more people want something the more they will pay for it. \n\nTo ilustrate let us take for example an apartment. In New York for example there are millions of people who want to live there. If two people (and this is generalized to an elementary level and for just two people at one time) both want an apartment they will bid with each other in order to get the place. The price will be set at a point where people will be willing to pay for it. This is further evidenced by the differences in prices of different properties within a city. Some apartments are more desirable than others. If you really want or need something you will pay more for it.
784506
Supply side:  \nProduction capacity expansion (especially the Chinese, who make up about 90% of marginal capacity)\nOther capacity expansion (e.g. Brazil). \nM&A activity (e.g. Mittal-Arcelor, Tata)\n\nDemand side:\nConstruction demand (largely infrastructure)\nAutomobile demand \nGeneral industrial demand (i.e. steel demand has fairly broad base after construction and autos). \n\nInputs: \nIron ore prices\nEnergy prices\nCoaking coal prices\nDry-bulk shipping rates (see Baltic Dry Index)\n\nPolitical:\nTarrifs\nQuotas (rumblings over Chinese dumping)\nSubsidies \nTaxes\nPollution/carbon emission controls\n\nGeographic:\nLabor pool situation\nWeather, war, localized disruptions
251213
Factors Influencing Demand\n\nThe amount of a good demanded depends on:\n\n    * the price of the good;\n    * the income of consumers;\n    * the demand for alternative goods which could be used (substitutes);\n    * the demand for goods used at the same time (complements);\n    * whether people like the good (consumer taste).\n\nThe demand curve labelled DD in the figure below shows the amount of a good one or more consumers are willing and able to buy at different prices.
814383
demand.\n\nok, the price that can be set for a product and the amont of profit that can be made is automatically set by the relationship between how many people want it and how much there is of the product. if demand is high and the suply is low the price will rise and if demand is low and the suply is high the price will fall. stablity is achived when the two are balanced.
433202
The higher the demand for a good, the higher the price.  The lower the demand, the lower the price, given everything else is the same.
720297
demographics my friend. Supply and demand see http://thebaldchemist.blogspot.com for advice.
534799
Yes.  \n\nBoyle's Law states that the volume of a fixed amount of gas at constant temperature is inversely proportional to the pressure exerted on the gas.  In other words, as pressure rises volume decreases and as pressure decreases volume increases.