The fundamentals of supply and demand are the core of retail product availability and pricing. When you find the balance, or equilibrium curve, of the supply, demand and price of a product, it reduces ...

Supply and demand curves express relationships between price and quantity. Equilibrium exists when supply equals demand. The shape of these curves and the equilibrium price affect small and large ...

In his otherwise excellent column “Wealth Is Knowledge” (Inside View, Feb. 7), Andy Kessler makes a common Econ 101 mistake. He says, “You were taught about supply and demand curves and that when ...

Buyers and sellers meet and at the right price all products are sold Three little words. Often that is all it takes to make one’s heart beat faster. “Liberty, equality, fraternity” captured the French ...

Discover exceptions to the law of demand, like Giffen and Veblen goods, and understand why they don't disprove core economic principles.

Inflation has remained at levels well above the Federal Reserve’s inflation goal of 2% for over a year. Separating the underlying data from the personal consumption expenditures price index into ...