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The obvious answer is the interplay of supply and demand.
In that case, price is not being determined by the interplay of supply and demand; price is, in a sense, determining itself.
Last year, the price averaged $27 a barrel.It is not geology that determines the oil price, however, still less the free interplay of supply and demand.
Market value is determined by the interplay of supply and demand: competing beneficial uses, the internalisation of costs (including environmental), cost-effective regulatory compliance, technological innovation, etc.
Another factor in the unusual interplay of supply and demand is the dominance of blockbuster musicals like "Wicked," "The Lion King" and "The Phantom of the Opera" that already enjoy the buzz that producers covet.
These make up the crucial variables in the interplay of supply and demand.
Similar(51)
The level of wages was likewise mainly determined by the interplay of the supply of, and the demand for, labour not by the rulings of local magistrates.
There are two related scientific streams that deal with the interplay of parking supply and demand: network simulation models vs. theoretical economic models.
This result is counter-intuitive as parking lot 2 is closer to the entry node than the parking lot 3, it would therefore be expected that users choose between parking lots 1 and 2 rather than between lots 1 and 3. To summarize, the interplay of parking supply and demand has been modeled in a framework of deterministic, dynamic user equilibrium.
One of the fundamentals of public economics is that the free market – the interplay of individual supply and demand decisions mediated through the price system – will result in the provision of less than the collectively optimal level of public goods.
9, 11 A point of consistency across these various theories and framework is the notion that access to health care is multi-dimensional and requires interplay of demand and supply side factors.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com