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How to pronounce “supply and demand”
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Pronunciation guide for supply and demand
- Learning goal
- Practice the English pronunciation of supply and demand with real speech in context.
- Available examples
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- Definition summary
- (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).
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A Deep Dive Into “supply and demand”
Meaning
- [Noun]
- (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).
Practice Nearby Words
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Similar Sounds
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