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Exact(6)
"You can either increase demand or decrease supply," he said.
"When you have demand and decrease supply, prices rise dramatically," Mr. Lang said.
OVER the last three years, the once-fragmented 10-member cartel has found new cohesion and worked to increase and decrease supply -- essentially micromanaging the oil markets -- to keep prices near $25 a barrel.
If a fundamental factor is going to increase demand or decrease supply, you stack it on the left side of the seesaw.
First, oil production takes decades and billions in capital investment; producers cannot quickly increase or decrease supply.
South Korean laws that require suppliers to ascertain the age of a youth (under the age of 19) before supply of any harmful drugs need to be enforced to decrease supply of alcohol to teenagers at pubs, special events and other places.
Similar(54)
At the time gas was increasingly being liquified for export to international markets, decreasing supply for domestic industry.
When so much is being sold out of public ownership, it drives a spiral of decreasing supply and increasing demand.
"Demand is not going to increase, so it is time to think about decreasing supply".
Global demand for wheat has spiked — especially from developing countries like China and India — while droughts, most notably in Australia, and crop failures worldwide have decreased supply.
Incidentally, with decreased supply, prices for sex have risen: witness a neat ledger shown to the commission by a Swedish state prosecutor, Lars Ågren, documenting the massive profits enjoyed, prior to discovery, by a Polish outfit running 23 prostitutes.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com