Tag Archives: demand

Money Mondays: Market Equilibrium

Posted on September 29, 2014 by Amanda Howell

Last week we talked about supply and demand. This week we’ll focus on the relationship between those two concepts. The Law of Supply and Demand, illustrated by the graph below, states that there is an equilibrium between supply and demand. … Continue reading →

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Money Mondays: Supply & Demand

Posted on September 22, 2014 by Amanda Howell

Supply and demand are two foundational concepts in economics. According to Investopedia, supply “describes the total amount of a specific good or service that is available to consumers…. [All] else being equal, the supply provided by producers will rise if … Continue reading →

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