Quantity adjustment definition

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Quantity adjustment

Quantity adjustment logo #21000 In economics, quantity adjustment is the process by which a market surplus leads to a cut-back in the quantity supplied or a market shortage causes an increase in supplied quantity. It is one possible result of supply and demand disequilibrium in a market. Quantity adjustment is complementary to pricing. This says that the rate of change of the pr...
Found on http://en.wikipedia.org/wiki/Quantity_adjustment
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