Statements (33)
Predicate | Object |
---|---|
gptkbp:instanceOf |
gptkb:economic_policy
|
gptkbp:affects |
government policies
market competition production costs technological changes consumer preferences income levels |
gptkbp:appliesTo |
goods
services labor markets financial markets |
gptkbp:describes |
relationship between supply and demand of goods
|
gptkbp:determines |
equilibrium price
equilibrium quantity |
gptkbp:explains |
market equilibrium
price determination |
https://www.w3.org/2000/01/rdf-schema#label |
Supply and Demand
|
gptkbp:includes |
law of demand
law of supply |
gptkbp:intersects |
supply curve and demand curve
|
gptkbp:introduced |
gptkb:Alfred_Marshall
|
gptkbp:relatedTo |
consumer surplus
elasticity market structure producer surplus |
gptkbp:studiedIn |
gptkb:business
economics finance |
gptkbp:usedIn |
microeconomics
|
gptkbp:visualizes |
demand curve
supply curve |
gptkbp:bfsParent |
gptkb:Real_Estate_Market
|
gptkbp:bfsLayer |
5
|