Your English writing platform
Discover LudwigExact(7)
Price, in an economic sense, is the factor that balances supply and demand.
It balances supply and demand in an elegant way that central planning has never come close to.
Conducting an auction is an efficient way to determine the price that best balances supply and demand, but it requires assembling all potential bidders in one setting.
In this picture, an economic market quickly reaches an equilibrium state, in which commodities find the price that perfectly balances supply and demand.
High prices invite fresh supply and restrict demand, which then lowers prices; government can ameliorate the pain of transition and enforce fair competition, but it is the unshackled working of the enterprise system that best balances supply and demand.
One is that the real, inflation-adjusted rate that balances supply and demand in the economy is lower than it used to be because expectations of long-run growth are slowing, or due to structural factors that contribute to excess saving, or something else entirely.
Similar(53)
Making sure we are balancing supply and demand.
Grid operators have to balance supply and demand.
The agreement kept prices high and established production quotas to balance supply and demand.
Utility companies can balance supply and demand more efficiently and improve grid reliability.
"We are trying to balance supply and demand," Mr. Kakati said.
Write better and faster with AI suggestions while staying true to your unique style.
Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com