SUPPLY AND DEMAND is the economic theory that when supply exceeds demand, prices fall; and when demand exceeds supply, prices rise.
Barry Goldsmith
| APA | Barry Goldsmith. (2010). supply and demand. Retrieved September 21, 2026, from http://smartdefine.org/supply_and_demand/definitions/1164597 |
| Chicago | Barry Goldsmith. 2010. "supply and demand" http://smartdefine.org/supply_and_demand/definitions/1164597 (accessed September 21, 2026). |
| Harvard | Barry Goldsmith 2010, supply and demand, Smart Define, viewed 21 September, 2026, <http://smartdefine.org/supply_and_demand/definitions/1164597>. |
| MLA | Barry Goldsmith. "supply and demand" 21 October 2010. Web. 21 September 2026. <http://smartdefine.org/supply_and_demand/definitions/1164597> |