Price flexibility/Definition: Difference between revisions

From Citizendium
Jump to navigation Jump to search
imported>John Dvorak
imported>Nick Gardner
No edit summary
 
(2 intermediate revisions by 2 users not shown)
Line 1: Line 1:
A situation in which prices act instantaneously to bring supply into equality with demand (see [[supply and demand]]).
<noinclude>{{Subpages}}</noinclude>
The property of a market in which prices act rapidly to bring supply into equality with demand (see [[supply and demand]]).

Latest revision as of 13:35, 19 January 2010

This article contains just a definition and optionally other subpages (such as a list of related articles), but no metadata. Create the metadata page if you want to expand this into a full article.


Price flexibility [r]: The property of a market in which prices act rapidly to bring supply into equality with demand (see supply and demand).