The law of supply and demand explains the interaction between the supply of and demand for a resource, and the effect on its price.

The law of demand states that quantity purchased varies inversely with price. In other words, the higher the price, the lower the quantity demanded.

Learn how the law of supply and demand affects prices, such as when one outweighs the other, prices can rise or fall in response.

Read about some possible exceptions to the law of demand in microeconomics price charts, and learn why those exceptions do not necessarily disprove the law.

The cost of a good is inversely correlated to its quantity demanded according to the law of demand in microeconomic theory.

Find out how the law of supply and demand affects the stock market, and how it determines the prices of individual stocks that make up the market.

Learn who discovered the law of supply and demand - an important economic principle that's hundreds of years old but still affects the economy today.

Find out how the price of a good or service affects the quantity demanded, and explore instances of consumption reflecting changes in price.

The law of supply and demand is an economic theory that drives many industries, including the real estate market.

Demand theory is a principle relating to the relationship between consumer demand for goods and services and their prices.