Supply Model

Nov 03
2010

DELL SX270 DA 1 POWER SUPPLY MODEL 3R160
DELL SX270 DA 1 POWER SUPPLY MODEL 3R160
$17.50
Time Remaining: 23d 7h 47m
Buy It Now for only: $17.50

Dell Dimension C521 Power Supply model L280P Dell P N MH596
Dell Dimension C521 Power Supply model L280P Dell P N MH596
$20.00
Time Remaining: 1h 38m
Buy It Now for only: $26.00

New HP Power Supply 220 Watt 504966 001 ModelTFX0220D5WA
New HP Power Supply 220 Watt 504966 001 ModelTFX0220D5WA
$37.99
Time Remaining: 23d 3h 11m
Buy It Now for only: $37.99

Dell Power Supply 1KW 1000W 1 Kilowatt Model Number H1000E 01
Dell Power Supply 1KW 1000W 1 Kilowatt Model Number H1000E 01
$75.00
Time Remaining: 3h
Buy It Now for only: $100.00

Dell TP728 425 Watt Power Supply XPS 400 420 430 Model L425P 00 PS 7431 2DF LF
Dell TP728 425 Watt Power Supply XPS 400 420 430 Model L425P 00 PS 7431 2DF LF
$29.99
Time Remaining: 15d 3h 13m
Buy It Now for only: $29.99

IBM Astec 220 Watt Power Supply Model AA20221 30L6316
IBM Astec 220 Watt Power Supply Model AA20221 30L6316
$20.00
Time Remaining: 6h 53m
Buy It Now for only: $39.99

Dynex  520W ATX CPU Power Supply Model DX 520WPS
Dynex 520W ATX CPU Power Supply Model DX 520WPS
$23.98
Time Remaining: 26d 23h 7m
Buy It Now for only: $23.98

SUN 850W Power Supply 370 6916 Cherokee Model SP555 3A
SUN 850W Power Supply 370 6916 Cherokee Model SP555 3A
$70.00
Time Remaining: 7h 1m
Buy It Now for only: $129.99

New POWER SUPPLY Dell PowerEdge 2950  JX399 Model Z750P 00 Rev A00 750 Watt
New POWER SUPPLY Dell PowerEdge 2950 JX399 Model Z750P 00 Rev A00 750 Watt
$23.99
Time Remaining: 19d 22h 27m
Buy It Now for only: $23.99

Sun 430W Power Supply PN 370 6636 Model API4FS07
Sun 430W Power Supply PN 370 6636 Model API4FS07
$15.00
Time Remaining: 7h 1m
Buy It Now for only: $29.99

Black Logisys 600W ATX12V Computer Power Supply Model PS600XBK
Black Logisys 600W ATX12V Computer Power Supply Model PS600XBK
$39.99
Time Remaining: 16d 4h 27m
Buy It Now for only: $39.99

Sun 80W Power Supply 370 4363 01 Delta Model DPSN 80AB
Sun 80W Power Supply 370 4363 01 Delta Model DPSN 80AB
$10.00
Time Remaining: 7h 3m
Buy It Now for only: $18.99

NEW Dell U5425 210W Power Supply Optiplex GX280 SDT Models
NEW Dell U5425 210W Power Supply Optiplex GX280 SDT Models
$27.99
Time Remaining: 27d 4h 21m
Buy It Now for only: $27.99

Corsair TX750W 750 Watt Power Supply Model CMPSU 750TX
Corsair TX750W 750 Watt Power Supply Model CMPSU 750TX
$35.00 (6 Bids)
Time Remaining: 8h 17m

FSP Group Inc Model No FSP270 50SNV 270W M ATX Power Supply 9PA2700105 Tested
FSP Group Inc Model No FSP270 50SNV 270W M ATX Power Supply 9PA2700105 Tested
$15.95
Time Remaining: 16d 2h 59m
Buy It Now for only: $15.95

Astec Power Supply Model  SA202 3526 011
Astec Power Supply Model SA202 3526 011
$5.99
Time Remaining: 10h 5m

Epson PB 6509 Power Supply 33V 1A Model M34PB 200 Series Printers
Epson PB 6509 Power Supply 33V 1A Model M34PB 200 Series Printers
$24.70
Time Remaining: 16d 5h 39m
Buy It Now for only: $24.70

OKIA 450w Computer Power Supply Model LC 8460 BTX
OKIA 450w Computer Power Supply Model LC 8460 BTX
$5.00 (1 Bid)
Time Remaining: 10h 34m

PRT Model PRM400 SWITCHING POWER SUPPLY
PRT Model PRM400 SWITCHING POWER SUPPLY
$700.00
Time Remaining: 29d 10h 50m
Buy It Now for only: $700.00

TURBOLINK Switching Power Supply Model LC A420ATX 420W
TURBOLINK Switching Power Supply Model LC A420ATX 420W
$20.95
Time Remaining: 1d 3h 11m
Buy It Now for only: $24.95

Dell PF3TR 305W Power Supply Flextronics Model F305P 00 OPTIPLEX 760 780 MT
Dell PF3TR 305W Power Supply Flextronics Model F305P 00 OPTIPLEX 760 780 MT
$19.99
Time Remaining: 15d 3h 13m
Buy It Now for only: $19.99

EMACHINE DESKTOP T5224 POWER SUPPLY MODEL HP P3527F3W
EMACHINE DESKTOP T5224 POWER SUPPLY MODEL HP P3527F3W
$9.99
Time Remaining: 1d 6h 20m

HP Slimline Power Supply 633195 001 Model PCA322
HP Slimline Power Supply 633195 001 Model PCA322
$85.00
Time Remaining: 1d 39m
Buy It Now for only: $85.00

Dell Model PS 6311 5DF LF NH493 L305P 01 305W Power Supply
Dell Model PS 6311 5DF LF NH493 L305P 01 305W Power Supply
$19.99
Time Remaining: 1d 8h 35m

Dell Power supply Model H275P 01 power 275W for Optiplex 745
Dell Power supply Model H275P 01 power 275W for Optiplex 745
$19.99
Time Remaining: 1d 10h 27m
Buy It Now for only: $19.99

FSP Group Model FSP300 60THN 9PA3007801 300W FSP 300 FS5131000525 Power Supply
FSP Group Model FSP300 60THN 9PA3007801 300W FSP 300 FS5131000525 Power Supply
$19.99
Time Remaining: 1d 8h 36m

ALLIED P4 250W ATX POWER SUPPLY MODEL AL A250ATX FOR STANDARD DESKTOP TOWER
ALLIED P4 250W ATX POWER SUPPLY MODEL AL A250ATX FOR STANDARD DESKTOP TOWER
$9.95
Time Remaining: 16d 15h
Buy It Now for only: $9.95

HP 40377 001 403984 001 Model API5PC50 200W AVC Fan DA07015T12U Power Supply
HP 40377 001 403984 001 Model API5PC50 200W AVC Fan DA07015T12U Power Supply
$14.99
Time Remaining: 1d 8h 36m

PowerUp 550W ATX SATA Power Supply Model PU550
PowerUp 550W ATX SATA Power Supply Model PU550
$14.98
Time Remaining: 5d 22h 56m
Buy It Now for only: $14.98

Lite On Dell Model PS 6351 2 M631C 350W Power Supply
Lite On Dell Model PS 6351 2 M631C 350W Power Supply
$19.99 (1 Bid)
Time Remaining: 1d 8h 37m

Hydra Model KC 400 400Watt Power Supply Tested
Hydra Model KC 400 400Watt Power Supply Tested
$16.99
Time Remaining: 2d 14h 46m
Buy It Now for only: $16.99

DELL power supply unit 250w model HP P2507FW
DELL power supply unit 250w model HP P2507FW
$7.99
Time Remaining: 1d 9h 10m

BESTEC 300W ATX power supply model  ATX 300 12Z RevBD w 12Volt and SATA
BESTEC 300W ATX power supply model ATX 300 12Z RevBD w 12Volt and SATA
$9.99
Time Remaining: 22d 20h 13m
Buy It Now for only: $9.99

SPI COMPUTER POWER SUPPLY SPARKLE UNUSED SWITCHING CB MODEL FSP350 60BT FAN NICE
SPI COMPUTER POWER SUPPLY SPARKLE UNUSED SWITCHING CB MODEL FSP350 60BT FAN NICE
$9.95
Time Remaining: 1d 9h 45m

SPI Power Supply 300W Model FSP300 601U
SPI Power Supply 300W Model FSP300 601U
$23.00
Time Remaining: 28d 23h 40m
Buy It Now for only: $23.00

ULTRA X Connect Model ULT VX600 Switching Power Supply 600 Watts  Wires TESTED
ULTRA X Connect Model ULT VX600 Switching Power Supply 600 Watts Wires TESTED
$28.00
Time Remaining: 1d 22h 25m

New HP Power Supply 160 Watt 5188 7520 Original Model DPS 160QB A for HP Pavi
New HP Power Supply 160 Watt 5188 7520 Original Model DPS 160QB A for HP Pavi
$79.99
Time Remaining: 12d 2h 24m
Buy It Now for only: $79.99

TurboLink Swithcing Power Supply Model CWT 250ATX Tested
TurboLink Swithcing Power Supply Model CWT 250ATX Tested
$15.00
Time Remaining: 1d 22h 25m
Buy It Now for only: $38.00

Dell Dimension 4600 Power Supply Model No PS 5251 2DS
Dell Dimension 4600 Power Supply Model No PS 5251 2DS
$21.00
Time Remaining: 7d 1h 10m
Buy It Now for only: $21.00

coolmax Model AP 350x CA 300 Power Supply PSU TESTED
coolmax Model AP 350x CA 300 Power Supply PSU TESTED
$15.00
Time Remaining: 1d 22h 25m
Buy It Now for only: $28.00

Power Man 350W 20Pin+4pin ATX Desktop Power Supply model IP S350AQ2 0
Power Man 350W 20Pin+4pin ATX Desktop Power Supply model IP S350AQ2 0
$13.00
Time Remaining: 6d 23h 49m
Buy It Now for only: $13.00

HP 240W Power Supply Model DPS 240HBA
HP 240W Power Supply Model DPS 240HBA
$8.99
Time Remaining: 1d 22h 36m
Buy It Now for only: $14.99

HEC 200W Mini ITX Flex ATX12V Active PFC Power Supply Model HEC200SA2FX
HEC 200W Mini ITX Flex ATX12V Active PFC Power Supply Model HEC200SA2FX
$39.99
Time Remaining: 17d 1h 59m
Buy It Now for only: $39.99

ASTEC 237W COMPUTER POWER SUPPLY MODEL SA240 3540 058 APPLE P N 614 0108
ASTEC 237W COMPUTER POWER SUPPLY MODEL SA240 3540 058 APPLE P N 614 0108
$9.99
Time Remaining: 2d 3h 38m

HP Pavilion Replacement Power Supply Model FH XD301MYR Part Number 633189 001
HP Pavilion Replacement Power Supply Model FH XD301MYR Part Number 633189 001
$54.99
Time Remaining: 6d 15h 18m
Buy It Now for only: $54.99

Rocketfish Gaming ATX CPU Power Supply 500w Model RF 500WPS  New in Opened Box
Rocketfish Gaming ATX CPU Power Supply 500w Model RF 500WPS New in Opened Box
$14.99 (1 Bid)
Time Remaining: 2d 4h 23m

4 Pin P4 12V to 8 Pin P8 12V Power Supply Converter Ca
4 Pin P4 12V to 8 Pin P8 12V Power Supply Converter Ca
$6.99
Time Remaining: 29d 6h 55m
Buy It Now for only: $6.99

New HP PAVILION LiteOn Model PS 5301 08HA 300 WATT Power Supply
New HP PAVILION LiteOn Model PS 5301 08HA 300 WATT Power Supply
$23.99
Time Remaining: 2d 12h 13m
Buy It Now for only: $27.00

Dell Dimension 4700 Power Supply Model No PS 6311 1DS
Dell Dimension 4700 Power Supply Model No PS 6311 1DS
$21.00
Time Remaining: 7d 2h 48m
Buy It Now for only: $21.00

MG Electronics 16 Camera 24 VAC Power Supply
MG Electronics 16 Camera 24 VAC Power Supply
$5.00
Time Remaining: 2d 14h 12m

Bestec Power Supply Model ATX100 5 100 Watts HP P N 5184 2191 S N 9908A6070085
Bestec Power Supply Model ATX100 5 100 Watts HP P N 5184 2191 S N 9908A6070085
$2.00
Time Remaining: 23d 7m
Buy It Now for only: $2.00

Dell Optiplex 745 280W Power Supply P N NH429 Model H280P 01P N HP Q2828F3P
Dell Optiplex 745 280W Power Supply P N NH429 Model H280P 01P N HP Q2828F3P
$11.99
Time Remaining: 2d 21h 36m

HP Slimline case series S5000 model 2010 NO Power Supply
HP Slimline case series S5000 model 2010 NO Power Supply
$45.00
Time Remaining: 25d 6h 26m
Buy It Now for only: $45.00

Potrans model UP060B1190 AC Computer Power Supply Adapter
Potrans model UP060B1190 AC Computer Power Supply Adapter
$10.00
Time Remaining: 2d 22h

Allied 300w Power Supply Model  SL 8320BTX
Allied 300w Power Supply Model SL 8320BTX
$5.00
Time Remaining: 11d 1h 55m
Buy It Now for only: $5.00

New HP Pavillan 250W Power Supply Model No HP D2537F3P
New HP Pavillan 250W Power Supply Model No HP D2537F3P
$15.00
Time Remaining: 3d 1h 10m

Dell Genuine OEM Model K0564 ATX 200W Power Supply Tested w Warranty
Dell Genuine OEM Model K0564 ATX 200W Power Supply Tested w Warranty
$12.99
Time Remaining: 12d 20h 18m
Buy It Now for only: $12.99

375 watt power supply model  L375P 00
375 watt power supply model L375P 00
$2.00
Time Remaining: 3d 4h 35m
Buy It Now for only: $19.99

intel power supply model DPS 550BB A REV S4
intel power supply model DPS 550BB A REV S4
$12.99
Time Remaining: 1d 14h 42m
Buy It Now for only: $12.99

Dell Dimension 4600 Power Supply Model No PS 5251 2DS
Dell Dimension 4600 Power Supply Model No PS 5251 2DS
$10.00
Time Remaining: 3d 4h 35m
Buy It Now for only: $20.00

New HP Power Supply 220 Watt 504966 001 Model TFX022
New HP Power Supply 220 Watt 504966 001 Model TFX022
$43.99
Time Remaining: 6d 3h 22m
Buy It Now for only: $43.99

X Power 400 Watt Power Supply Model No PS 400W
X Power 400 Watt Power Supply Model No PS 400W
$19.99
Time Remaining: 3d 4h 45m
Buy It Now for only: $29.99

NEW 200W Power Supply for HP Bestec Model ATX 1956D PS
NEW 200W Power Supply for HP Bestec Model ATX 1956D PS
$12.50
Time Remaining: 22d 7h 50m
Buy It Now for only: $12.50

HIPRO PC Power Supply Model HP D2537F3R
HIPRO PC Power Supply Model HP D2537F3R
$2.99
Time Remaining: 3d 21h 27m

Dell Power Supply Model L425P 00
Dell Power Supply Model L425P 00
$55.00
Time Remaining: 24d
Buy It Now for only: $55.00

THERMALTAKE POWER SUPPLY MODEL TR2 RX 450
THERMALTAKE POWER SUPPLY MODEL TR2 RX 450
$9.99
Time Remaining: 4d 6h 15m

ANTEC TurePower Trio 430W ATX Power supply PS model TP3 430
ANTEC TurePower Trio 430W ATX Power supply PS model TP3 430
$38.00
Time Remaining: 14d 19h 52m
Buy It Now for only: $38.00

Tested Delta ElectronicsDPS 225DB A 225 watt Power supply Lenovo P N 41N3104
Tested Delta ElectronicsDPS 225DB A 225 watt Power supply Lenovo P N 41N3104
$19.95
Time Remaining: 4d 6h 51m

SPARKLE POWER 180W ATX SWITCHING POWER SUPPLY MODEL FSP180 50PLA NEW
SPARKLE POWER 180W ATX SWITCHING POWER SUPPLY MODEL FSP180 50PLA NEW
$32.00
Time Remaining: 22d 1h 29m
Buy It Now for only: $32.00

Bestec power supply 250 watt model  Atx 250 12Z In Working Condition
Bestec power supply 250 watt model Atx 250 12Z In Working Condition
$14.99
Time Remaining: 4d 8h 22m

ASUS Model ATP 1655 Power Supply D33005 165W
ASUS Model ATP 1655 Power Supply D33005 165W
$16.99
Time Remaining: 4d 11h 39m
Buy It Now for only: $16.99

Apple MACPRO Power Supply 980 W Model DPS 980BB 2A Apple Part Number 614 0454
Apple MACPRO Power Supply 980 W Model DPS 980BB 2A Apple Part Number 614 0454
$0.99
Time Remaining: 4d 9h 50m
Buy It Now for only: $199.99

HP Compaq 308439 001 POWER SUPPLY 185W Series PDP 124P Model HP L185VA3P
HP Compaq 308439 001 POWER SUPPLY 185W Series PDP 124P Model HP L185VA3P
$11.99
Time Remaining: 24d 21h 30m
Buy It Now for only: $11.99

Vintage Austin Switching Power Supply Model  LC 250ATX
Vintage Austin Switching Power Supply Model LC 250ATX
$4.99
Time Remaining: 4d 10h 59m
Buy It Now for only: $9.99

Black Winsis MicroATX Computer Case w 350W Power Supply Model WN 49 B
Black Winsis MicroATX Computer Case w 350W Power Supply Model WN 49 B
$59.99
Time Remaining: 29d 3h
Buy It Now for only: $59.99

Imicro 375W Switching Power Supply ATX 203P4 Model CG MA 2
Imicro 375W Switching Power Supply ATX 203P4 Model CG MA 2
$6.00
Time Remaining: 4d 21h 3m

Cisco Model 831 800A 4 Port Ethernet Router without Power Supply
Cisco Model 831 800A 4 Port Ethernet Router without Power Supply
$19.95
Time Remaining: 20d 1h 41m
Buy It Now for only: $19.95

DELL power supply Model HP1457F3 300 watt for DELL DEMENSION
DELL power supply Model HP1457F3 300 watt for DELL DEMENSION
$9.99
Time Remaining: 5d 1h

DELL GX260 GX270 Desktop ATX Power Supply 250 Watt Model CN 02N333 Tested
DELL GX260 GX270 Desktop ATX Power Supply 250 Watt Model CN 02N333 Tested
$18.99
Time Remaining: 20d 7h 42m
Buy It Now for only: $18.99

300 watt atx power supply Model MPT 301
300 watt atx power supply Model MPT 301
$5.00
Time Remaining: 5d 4h 33m

Thermaltake Purepower W0100RU 500W ATX 12V 20 Power Supply Model W0100RU
Thermaltake Purepower W0100RU 500W ATX 12V 20 Power Supply Model W0100RU
$19.99
Time Remaining: 24d 22h 50m
Buy It Now for only: $19.99

Zalman Modular Power Supply 850W Model ZM850 HP USED AND WORKING
Zalman Modular Power Supply 850W Model ZM850 HP USED AND WORKING
$10.00 (2 Bids)
Time Remaining: 5d 5h

Logisys Mid Tower Computer Case w 480W Power Supply  Model CS309BK
Logisys Mid Tower Computer Case w 480W Power Supply Model CS309BK
$48.99
Time Remaining: 12d 2h 57m
Buy It Now for only: $48.99

GENUINE DELL PowerEdge 2900 Power Supply KX823 930W Model A930P 00
GENUINE DELL PowerEdge 2900 Power Supply KX823 930W Model A930P 00
$49.99
Time Remaining: 5d 6h 3m

HEC 250W Flex ATX12V ver22 Computer Power Supply Model HEC 250SR T
HEC 250W Flex ATX12V ver22 Computer Power Supply Model HEC 250SR T
$44.99
Time Remaining: 17d 1h 55m
Buy It Now for only: $44.99

Thermaltake TR2 500W ATX 12V 22 Desktop Power Supply Model TR2 500NL2NH W0379
Thermaltake TR2 500W ATX 12V 22 Desktop Power Supply Model TR2 500NL2NH W0379
$36.00
Time Remaining: 5d 8h 4m
Buy It Now for only: $40.00

Powerman Power Supply Model FSP300 60BT 300W Tested and Working
Powerman Power Supply Model FSP300 60BT 300W Tested and Working
$4.95
Time Remaining: 3d 4h 36m
Buy It Now for only: $4.95

Dell 200W Power Supply Model HP P2037F3
Dell 200W Power Supply Model HP P2037F3
$0.99
Time Remaining: 6d 22m
Buy It Now for only: $15.00

LSP Ultra 450W Desktop Power supply ModelULT H450W
LSP Ultra 450W Desktop Power supply ModelULT H450W
$18.47
Time Remaining: 2d 9h 12m
Buy It Now for only: $18.47

Dell 170W Power Supply Model NPS 250FB A
Dell 170W Power Supply Model NPS 250FB A
$0.99
Time Remaining: 6d 30m
Buy It Now for only: $15.00

Dell Optiplex 280W Power Supply L280P 01NH429 Model H280P 01P N HP Q2828F3
Dell Optiplex 280W Power Supply L280P 01NH429 Model H280P 01P N HP Q2828F3
$19.99
Time Remaining: 25d 21h 54m
Buy It Now for only: $19.99

DELL 250W Power Supply Model HP 2507F3CP
DELL 250W Power Supply Model HP 2507F3CP
$0.99
Time Remaining: 6d 36m
Buy It Now for only: $15.00

BESTEC 60W AT power supply model  BPS 603N
BESTEC 60W AT power supply model BPS 603N
$6.99
Time Remaining: 19d 1h 18m
Buy It Now for only: $6.99

Antec 450 Watt SmartPower Power Supply Model SP 450
Antec 450 Watt SmartPower Power Supply Model SP 450
$0.01
Time Remaining: 6d 8h 30m

M TEC 250 WATT COMPUTER POWER SUPPLY MODEL MPS 8804 POWER SUPPLY 250W
M TEC 250 WATT COMPUTER POWER SUPPLY MODEL MPS 8804 POWER SUPPLY 250W
$12.99
Time Remaining: 27d 12h 6m
Buy It Now for only: $12.99

Enhance Power Supply Model ATX 1125BTA 300 Watts
Enhance Power Supply Model ATX 1125BTA 300 Watts
$4.99
Time Remaining: 6d 9h 26m

Dell Power Supply 275W P NCN ORW739 MODEL D275P 00
Dell Power Supply 275W P NCN ORW739 MODEL D275P 00
$19.99
Time Remaining: 7d 1h 50m
Buy It Now for only: $19.99

PSU Power Supply Antec NeoPower 550 Watt 500W Model Neo HE550
PSU Power Supply Antec NeoPower 550 Watt 500W Model Neo HE550
$24.24
Time Remaining: 6d 12h 16m

ITE POWER SUPPLY MODEL NOT481510003CT NEW
ITE POWER SUPPLY MODEL NOT481510003CT NEW
$9.99
Time Remaining: 23d 6h 33m
Buy It Now for only: $9.99

Power Supply from a Dell Used but in working condition Model  L230P 00
Power Supply from a Dell Used but in working condition Model L230P 00
$3.00
Time Remaining: 6d 22h 40m
Buy It Now for only: $6.00

Supply Model
Supply Model

Supply And Demand

Supply and demand is one of the basic concepts in understanding of forces in the market. In understanding market forces, supply and demand refers the concept of need and supply of goods and services in the market. This is an economic model mainly based on price, utility and quantity.  This model is important in determining market price of goods and services.

Supply and demand model

Supply and demand model is a fundamental economic concept.  This model has been considered as the backbone of market economy.  Demand can be described as the quantity or measurement of how much of a product or service is needed in the market. This is an expression of the market demand of the product or service (Case and Fair, 1994).  This is the total quantity of products and services that consumers are willing to buy at a given price.  The relationship or correlation between price and demand is demand relationship. On the other hand, supply refers to the quantity of goods and services which a market can offer. Total quantity supplied is the amount of goods and services which producers are willing to give to the market at a given price.  Relationship between price and supply is referred to as supply relationship. From the above definitions, it is established that price is a major determinant in demand and supply.  Price is therefore determined by the interaction between supply and demand.

Demand and supply relationship is a major factor underlying forces in resource allocation. Market economy theories identify demand and supply theory as major factors behind allocation of resources in the most efficient manner (Arthur and Scheffrin, 2003).  This is mainly achieved through the law of demand and supply.

According to the law of demand, the price of a commodity regulates the number of people who demand the product or service. With all factors held constant, higher price of goods and services limit the number of people demanding them. This implies that the higher the price the lower the demand (Arthur and Scheffrin, 2003). As the price of goods and services goes up, consumers tend to buy less due to opportunity cost considered in buying. This implies that people tend to avoid buying goods and services which tend to force them to forego other goods and services which have value to them.

As seen in this graph, at lower price P3, demand is high at Q3 while at higher price P1demand is lower at Q1. The law of demand implies that the higher the price, the lower the demand; and the lower the price, the higher the demand.

On the other hand, the law of supply states that the amount that will be supplied in the market is determined by the price of goods and services at that given time. If the price of the product is higher, suppliers will be willing to supply more while low price limits the quantity that suppliers are willing to supply in the market (Case and Fair, 1994).  This implies that the higher the price, the higher the supply. Higher price helps producers to make more profit and hence they tend to supply more. This is illustrated in the following supply curve.

Equilibrium between supply and demand is achieved when both are equal.  In graphical representation, this is achieved at an intersection between supply function and demand function. At this intersection, the supply and demand are equal at the given price. This can be illustrated in the graph below:

At equilibrium, price Po equals supply Qo. In real economic situation, the equilibrium is achieved in theory but practically price fluctuates due to varying demand and supply from time to time (Case and Fair, 1994).

Conclusion

The concept of demand and supply is important in understanding the market. Demand refers the total amount of goods and services that are needed in the market while supply refers to the quantity of goods and services that producers are willing to take to the market at a given price. Demand law stipulates that the higher the price the lower the demand while the lower the price, the higher the demand. On the other hand, supply law stipulate that the higher the price, the higher the supply. An intersection between demand and supply is achieved only when quantity demanded equals quantity supplied which implies that consumers and producers agree on the market prince.

About the Author

The author Anna Petrescu has academic writing experience of over 5 years. She holds a PHD in education from Cambridge. She has been assisting students in writing professional academic papers including thesis, dissertations, research papers and term papers. bestessayscenter.com

The monetary transmission mechanism in the IS-LM model is a process whereby an increase in the money supply in

The monetary transmission mechanism in the IS-LM model is a process whereby an increase in the money supply increases the demand for goods and services:

A)directly.
B)by lowering the interest rate so that investment spending increases.
C)by raising the interest rate so that investment spending increases.
D)by increasing government spending on goods and services.

B

check it out,

http://en.wikipedia.org/wiki/IS/LM_model

take care

Haley Messick Discount Dance Supply Model Finalist 2010 Log on to www.discountdance.com

Comments are closed.