keresletkínálati

keresletkínálati is a Hungarian term that translates to "supply and demand" in English. It is a fundamental concept in economics that describes the relationship between the availability of a product or service and the desire of consumers to purchase it. The interaction of supply and demand determines the market price of goods and services.

In essence, supply refers to the quantity of a product or service that producers are willing and able to offer for sale at various price levels. Generally, as the price of a good increases, the quantity supplied also tends to increase, as producers are incentivized by higher potential profits. Conversely, at lower prices, the quantity supplied may decrease.

Demand, on the other hand, represents the quantity of a product or service that consumers are willing and able to purchase at different price points. Typically, as the price of a good decreases, the quantity demanded increases, as consumers find it more affordable and attractive. Conversely, at higher prices, the quantity demanded may fall.

The equilibrium price is reached when the quantity supplied by producers exactly matches the quantity demanded by consumers. At this point, the market is considered to be in balance. If the price is above equilibrium, there will be a surplus, leading to downward pressure on prices. If the price is below equilibrium, there will be a shortage, leading to upward pressure on prices. keresletkínálati is a dynamic process, with prices constantly adjusting in response to changes in both supply and demand.