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The theory of supply & demand revolves around the consumers and the manufacturers which is also known as Buyers market or sellers market..
If the product is monopoly where there are no other competitors in the market then manufactures creates demand, by slowing down the supplies where he can also dictate in terms of pricing. This is called Buyers market..
In sellers market where supplies are abundance and the market is limited or already catered where the pricing plays a major role.
Sometimes distributors also plays a major role in creating demand & supply, again totally based on consumers and supplier where some times we call it as black marketing. It was the time in India where cement manufacturers were very few & distributors played a predominant role in purchasing and stocking them in their go downs, and based of demand they use to dictate their own pricing..
the partial equilibrium supply and demand economic model [was] originally developed by Antoine Augustin Cournot (published in a book in1838) and thirty years later broadly publicized by Alfred Marshall.
I do agree with Sheikh Ahmad
I'm Agree With All Expert Answers
Generally, Supply is created by the Producers or Manufacturers and the Demand is by the Consumers.
I agree with Mr. Sheikh comments ..
Demand and supply can be created by all human beings.
When you have a special work team
Special offer will
Resulting in high demand
I fully agree with the answers been added by EXPERTS.........................Thanks.
Supply sometimes creates demand and demand sometimes creates supply. But neither always creates the other. Supply of new Models of Cell Phones has created the demand in the20th century and it is going on even today. We can quote hundreds of examples where Supply has created demand. On the other side, there's demand for cures and treatments for lots of diseases. Companies are making their efforts to fulfill that demand by supplying the drugs.