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单词 law of supply and demand
释义

law of supply and demand


noun

the theory that prices are determined by the interaction of supply and demand: an increase in supply will lower prices if not accompanied by increased demand, and an increase in demand will raise prices unless accompanied by increased supply

Words nearby law of supply and demand

law of refraction, law of segregation, law of similars, law of sines, law of superposition, law of supply and demand, law of the jungle, Law of the Medes and the Persians, law of thermodynamics, law of thought, law of universal gravitation
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
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