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from | Encarta |  |
Demand, Supply, and Equilibrium |
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| Demand, supply, and equilibrium are central concepts in microeconomics. Demand, D, generally increases as prices go down, while supply, S, usually increases as prices go up. The equilibrium point, E, shows the combination of price and quantity at which buyers and sellers agree. | ||||||
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| © Microsoft Corporation. All Rights Reserved. | ||||||
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| Appears in these articles | ||||||
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| Microeconomics; Elasticity (economics); Supply and Demand | ||||||
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© 2008 Microsoft
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