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If the chip industry adjusted to demand by cutting supply, its pain would last only until demand recovers.
Thus, in more modern terminology, Schumpeter's explanation of why demand and supply have grown more or less at the same rate would be that supply adjusted to demand while demand in turn reflected the activities and investments of the entrepreneur.
An advantage of this kind of screen is that conditions can be adjusted to demand high selectivity by including a large excess of competitor proteins or nucleic acids.
Similar(55)
It's hard for supply to adjust to demand because it takes the cows so long to reach maturity.
The investment bank Goldman Sachs has said that it could take a drop to as little as $20 a barrel for supply to adjust to demand.
"The most important thing is being flexible, being able to adjust to demand of either passengers or cargo".
"As capacity constraints come to the forefront," Shrestha says, "we will see emphasis on turning the electric grid into a 'smart' grid that will be better able to understand and adjust to demand patterns".
Although students cannot avoid these stressors, their ability to adjust to demands and cope with these stressors are important in achieving success in the college academic and social environments [ 5].
In the Duesenberry model supply adjusts to demand; in the Hicks model demand adjusts to supply.
Smaller sizes sold out quickly, Brossart said, and the mix will be adjusted to meet demand.
The reason: colleges themselves have not yet adjusted to new demand.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com