toggle menu
menu
vocabulary
1000+ books

supply and demand
in a sentence

show 3 more with this conextual meaning
  • I assume that a salary is the price paid for a commodity, and it ought to conform with the law of supply and demand.†   (source)
  • It may happen that the final result of a revolution is favorable to commerce and manufactures; but its first consequence will almost always be the ruin of manufactures and mercantile men, because it must always change at once the general principles of consumption, and temporarily upset the existing proportion between supply and demand.†   (source)
  • …salary is fixed without any regard for that law, as, for instance, when I see two engineers leaving college together, both equally well trained and efficient, and one getting forty thousand while the other is satisfied with two; or when I see lawyers and hussars, having no special qualifications, appointed directors of banking companies with immense salaries, I conclude that the salary is not fixed in accordance with the law of supply and demand, but simply through personal interest.†   (source)
▲ show less (of above)