经济学人常用术语 | Supply and demand curves

Supply and demand curves

One of the earliest illustrations learned by students of economics. Supply increases as the price rises, and demand increases when the price falls (with the exception of some luxuries, known as Veblen goods, and very basic Giffen goods). The two are displayed on a graph (usually as straight lines, rather than curves) and the point where they meet is the equilibrium price.