💡 Words with a Similar Meaning to "Demand curve"
Found via reverse dictionary — words that share a conceptual meaning.
| Word | Definition |
|---|---|
| supply curvenoun | (economics) the graph depicting the relationship between the price of a certain commodity and the amount of it that producers are willing and able to supply at that given price |
| demandnoun | The desire to purchase goods and services. |
| offer curvenoun | (economics) A theoretical economic curve that shows the quantity of one type of product that an agent will export for each quantity of another type of product that it imports. |
| contract curvenoun | (economics) The set of points representing final allocations of two goods between two people that could occur as a result of mutually beneficial trading between those people given their initial allocations of the goods. |
| price elasticity of demandnoun | (economics) An economic metric designed to measure how sensitive quantity demanded is to a change in the price of a good/service. |
| production possibility curvenoun | An economic curve, showing the maximum combinations/possibilities of goods and services that can be produced in a set amount of time given the limited available resources. |
| engel curvenoun | A theoretical economic curve that describes how household expenditure on a particular good or service varies with household income. |
| cross elasticity of demandnoun | (economics) an economic metric that measures the responsiveness of the quantity demanded for a good to a change in the price of another good |
| income elasticity of demandnoun | (economics) an economic metric that measures the responsiveness of a quantity demanded for a good to a change in income, calculated as the percent change in demand over the percent change in income |
| equilibrium pricenoun | (economics) The price of a commodity at which the quantity that buyers wish to buy equals the quantity that sellers wish to sell. |
| consumption functionnoun | (economics) A function that describes the relationship between consumption and disposable income. |
| demand destructionnoun | (economics) A permanent or sustained decline in the demand for a good in response to persistent high prices or limited supply. |
| supply and demandnoun | (economics) A capitalistic model of price determination in a market, according to which, holding all else equal in a competitive market, the unit price for a particular good will eventually settle at a point where the quantity demanded will equal the quantity supplied (at the current price). |
| yield curvenoun | (finance) The relation between the interest rate (or cost of borrowing) and the time to maturity of the debt for a given borrower in a given currency. |
| laffer curvenoun | (economics) A theoretical curve that demonstrates the optimum rate of taxation. |
| price elasticity of supplynoun | (economics) an economic metric that measures the responsiveness of a quantity supplied of a good to a change in its price, calculated as the percent change in supply over the percent change in price. |
| composite demandnoun | (economics) A situation in which a single good or resource is demanded for multiple distinct uses, so that the total demand for that good is the sum of the quantities required for all of its uses. |
| perfectly elastic supplynoun | (economics) A situation in which firms are able and willing to supply any quantity of a good or service at the going price, i.e., the supply is infinite. |
| market equilibriumnoun | (economics) A condition where a market price is established through competition such that the amount of goods or services sought by buyers is equal to the amount of goods or services produced by sellers. |
| cross-price elasticity of demandnoun | (economics) Synonym of cross elasticity of demand. |
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