Supply and Demand

GPTKB entity

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