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law of supply and demand

law of sup·ply and de·mand
L l

Transcription

    • US Pronunciation
    • US IPA
    • [law uhv, ov suh-plahy and dih-mand, -mahnd]
    • /lɔ ʌv, ɒv səˈplaɪ ænd dɪˈmænd, -ˈmɑnd/
    • US Pronunciation
    • US IPA
    • [law uhv, ov suh-plahy and dih-mand, -mahnd]
    • /lɔ ʌv, ɒv səˈplaɪ ænd dɪˈmænd, -ˈmɑnd/

Definition of law of supply and demand words

  • noun law of supply and demand 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 0
Just one definition for law of supply and demand

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Parts of speech for Law of supply and demand

noun
adjective
verb
adverb
pronoun
preposition
conjunction
determiner
exclamation
Full grammatical hierarchy of Law of supply and demand

law of supply and demand popularity

A common word. It’s meaning is known to most children of preschool age. About 94% of English native speakers know the meaning and use the word.
Most Europeans know this English word. The frequency of it’s usage is somewhere between "mom" and "screwdriver".

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