Demand Supply and Equilibrium.
FOR UGC NET/JRF,UPSC,IES (ECONOMICS)etc.
Demand Supply and Equilibrium. free download
FOR UGC NET/JRF,UPSC,IES (ECONOMICS)etc.
In microeconomics, supply and demand is an economic model of price determination in a market. It postulates that, holding all else equal, in a competitive market, the unit price for a particular good, or other traded item such as labor or liquid financial assets, will vary until it settles at a point where the quantity demanded (at the current price) will equal the quantity supplied (at the current price), resulting in an economic equilibrium for price and quantity transacted
