Supply / Demand
A price jumped, or there is a shortage or a glut.
Price or shortage
- Demand
- Number of buyers
- How much each buys
- Supply
- Number of sellers
- Capacity of each
Price or shortage
Demand
Number of buyers
How much each buys
Supply
Number of sellers
Capacity of each
Watch out: Both sides often move at once; check both before naming a cause.
On a case
Tomato prices tripled in July.
Tomato price spike
- Supply
- Heavy rain damaged crops
- Trucks held up by floods
- Demand
- Steady: an everyday staple
Tomato price spike
Supply
Heavy rain damaged crops
Trucks held up by floods
Demand
Steady: an everyday staple