Demand will always exceed supply for some things, and a political economy may continue to exist in any case.

Demand and supply have also been generalized to explain macroeconomic variables in a market economy, including the quantity of total output and the general price level.

Demand and supply are also used in macroeconomic theory to relate money supply and money demand to interest rates, and to relate labor supply and labor demand to wage rates.

In his 1870 essay " On the Graphical Representation of Supply and Demand ", Fleeming Jenkin in the course of " introduc the diagrammatic method into the English economic literature " published the first drawing of supply and demand curves therein, including comparative statics from a shift of supply or demand and application to the labor market.

Demand for spices was relatively elastic, and therefore each lag in the supply of pepper caused a sharp rise in pepper prices.

The LM function is the set of equilibrium points between the liquidity preference ( or Demand for Money ) function and the money supply function ( as determined by banks and central banks ).

This graph also shows that as long as P < sub > tariff </ sub > does not fall above the intersection of the Supply and Demand lines, then an equilibrium can be reached in which there are no shortages of demand or excesses of supply, and so Japan's industry can produce and sell widgets to the same degree as manufacturers in any other country.

Demand for tickets at the new stadium easily outstripped supply, not coincidentally after the arrival of coach Vince Lombardi in 1959.

Demand grew to where his company ’ s capacity to produce became a problem, but the discovery of petroleum, from which kerosene could be more easily produced, solved the supply problem.

Demand for motor cars in England in the immediate aftermath of the war was far greater than the supply and Hartnett increased the automotive side of his new venture by instructing his employees to make enquiries in nearby villages with a view to locating war widows who couldn ’ t drive but whose husbands prior to enlisting had left their cars up on blocks to await their owners ’ return.

ASHRAE has determined that: " It is consistent with the Ventilation rate procedure that Demand Control be permitted for use to reduce the total outdoor air supply during periods of less occupancy.

In his book The Intellectual and the Marketplace, for instance, he proposed Stigler's Law of Demand and Supply Elasticities, that " all demand curves are inelastic and all supply curves are inelastic too.

Demand for air guns increased rapidly in the 1920s and Webley's business began to grow again, with an inevitable peak related to weapons supply for British military use during the Second World War.

They are a type of Demand response for a situation where the demand for electricity exceeds the power supply capability of the network.

Demand curves are used to estimate behaviors in competitive markets, and are often combined with supply curves to estimate the equilibrium price ( the price at which sellers together are willing to sell the same amount as buyers together are willing to buy, also known as market clearing price ) and the equilibrium quantity ( the amount of that good or service that will be produced and bought without surplus / excess supply or shortage / excess demand ) of that market.

Demand soon outstripped supply and many more shafts were sunk to reach the rich coal seams under the town.

Demand deposits are usually considered part of the narrowly defined money supply, as they can be used, via checks and drafts, as a means of payment for goods and services and to settle debts.

" Demand is up and supply is flat, so it's got to go on up ," said Pickens, whose company is betting on natural gas for vehicles.

* Power on Demand power supplies are used for pulsed medical ion laser systems, these power supplies consist of a large capacitor bank charged by a switching supply to enable multi watt lasers to run off common single phase power supplies in doctor's offices.

When the supply of Demand Notes had been nearly exhausted they commanded a price at parity with or at only a slight discount to gold dollars despite the fact that the latter continued to command a steep premium to United State Notes through the 1870s.

Demand for vocational training schools, both from the labour market and among students, has declined while it has increased for upper secondary schools delivering the maturata.

The effect of the tariff would limit imports and create a higher demand for domestically produced widgets ( Q < sub > S2 </ sub >-Q < sub > S1 </ sub >) but have no effect on consumer prices, since the graph shows that for all quantities to the left of the intersection of the Supply and Demand curves, consumers will buy whatever widgets enter the market.

Demand is chosen to maximize utility given the market price: no one on the demand side has any incentive to demand more or less at the prevailing price.

On December 14, 2006, VeriSign announced an alliance with Demand Media, run by ex-MySpace chairman Richard Rosenblatt to market the. tv top level domain name ( TLD ) as the preferred Web address for rich media content.

HR departments around the world have decided on Business English Tests ( BET ) to select, place, monitor progress and motivate personnel because BET tests are: Professional & Authentic ( HR tool research & evidence-based, designed, developed and administered by ENERGIZERS, a truly global advisory boutique & market leader in expert HR, home to FULBRIGHT Scholars and faculty from top-ranked universities in the US & EU ), Energizing & Candidate-Friendly ( Boosting skills & confidence ), Valid ( Performance on the measure is related to what the measure is designed to assess ), Reliable ( Measurement is free from random error ; tests generating consistent results ) and available On Demand ( Whenever & wherever required ).

Demand management and Keynesian economics ( helicopter money ) are sometimes cited as mild forms of economic planning, designed to overcome cyclical instability inherent in market economies, or to make market economies function properly in a desired fashion.

Demand, here, defines the market size for a commodity i. e. who will buy the commodity.

With the " TV on Demand " market growing, these on-demand websites or applications are essential for major television broadcasters.

Demand for surviving original pieces has created a substantial collector's market, and led to the issuance of authorized reproductions in recent years.

If the market for a particular good follows the simple straight line Price / Demand relationship illustrated below, a single fixed price of $ 50 there is enough demand to sell 50 units of inventory.

The company also manufactures a BOD ( Biochemical Oxygen Demand ) bottle that is popular in the international market, as well as glass scintillation vials and a wide variety of glass and plastic rigid containers and closures.

Demand for cuttings of this variety has expanded rapidly and more wines will be presented to the market in the future.

* Price determination ( Demand and Supply balancing, the continuous process of prices movements guarantees to state correct price for each security ( So, the market corrects mispriced securities )

Demand for any commodity can be modified by actions of market players and government ( regulation and taxation ).

HP Global Workload Management adjusts workloads to optimize performance, and integrates with Instant Capacity on Demand so installed resources can be paid for in 30-minute increments as needed for peak workload demands.

In contrast to Sky which, due to technical limitations, can only provide near-VOD services, NTL On Demand provides a true VoD system.

Demand can vary by season, time of day, business cycle, etc.

Demand for the wood has been reduced by modern materials science, which has led to polymer, alloys and composite materials which can take lignum vitae's place.

* Demand for information: In order to influence the directors, the shareholders must combine with others to form a voting group which can pose a real threat of carrying resolutions or appointing directors at a general meeting.

Demand for fertilizers to meet agricultural needs exerted by expanding urban centers can alter chemical composition of soil.

Demand valves can be of both the open circuit or reclaim types.

When functions are given, Labor Demand ( L < sup > D </ sup >) can be derived from this equation.

Demand outstrips captive breeding capacity, so they are rarely found in pet stores and usually purchased directly from breeders or importers who can certify the birds are traded legally.

Demand for Chinese characters led to 20-bit Unicode, which clearly is impossible for any typewriter like formed character mechanical teleprinter, although dot-matrix printers can print Chinese characters.

* Demand -- A LinguiSHTIK demand can be called by stating the name of the demand and placing a green or black cube in the " Demands " section of the playing mat.

The 2007 model year introduces the Active Fuel Management system ( formerly known as Displacement on Demand ), which can turn off a bank of cylinders under a light load for increased fuel economy.

* IFC includes the linear channel, IFC. com, and IFC Free, which is IFC ’ s On Demand cable service, where viewers can watch premieres of IFC's programming in HD before they air on the linear network.

He can be seen on the second season of WWE Classics On Demand series Legends of Wrestling.

Demand for rules that are responsive to increasingly rapid changes has led to the suggestion that there can be, in appropriate circumstances, such a concept as " instant custom ".

It is still available on FEARnet. com and can also be seen in its entirety ( about 30 minutes straight through ) on FEARnet On Demand.

On Demand and Pay-Per-View purchase options can also be restricted.

Although PMI can be used to generate annotation on a traditional 2D drawing the data can be visualized within the 3D model by other departments, either in the CAD / CAM system or in a 3D Product visualization tool, thus reducing the need for drawings ( Drawing on Demand ).

Demand response can involve actually curtailing power used or by starting on-site generation which may or may not be connected in parallel with the grid.