Top Demand And Supply Quotes

Browse top 5 famous quotes and sayings about Demand And Supply by most favorite authors.

Favorite Demand And Supply Quotes

1. "Rising demand for oil exposed Europe, and later America, to oil shocks - serious interruptions in supply. Like a pebble tossed into a pond, an oil shock creats ripples, or effects, felt everywhere.Oil shocks have two causes. The first is natural, because existing oil fields may not yield enough to satisfy demand. Scarcity results in higher prices for oil products, reducing our standard of living. Natural scarcity was not a problem in the world's major producing areas until recently.The second cause of oil shocks is political. Political shocks happen when governments of oil-producing countries reduce or halt supply to gain the upper hand in dealings with other governments. This is the case in the Middle East, where oil has often mixed with politics, religion, and blood. The reasons for this have shaped the history of recent times."
Author: Albert Marrin
2. "Business, to be successful, must be based on science, for demand and supply are matters of mathematics, not guesswork."
Author: Elbert Hubbard
3. "In my considered opinion, salary is payment for goods delivered and it must conform to the law of supply and demand. If, therefore, the fixed salary is a violation of this law - as, for instance, when I see two engineers leaving college together and both equally well trained and efficient, and one getting forty thousand while the other only earns two thousand , or when lawyers and hussars, possessing no special qualifications, are appointed directors of banks with huge salaries - I can only conclude that their salaries are not fixed according to the law of supply and demand but simply by personal influence. And this is an abuse important in itself and having a deleterious effect on government service."
Author: Leo Tolstoy
4. "If we would vote in mass on the more promising ticket, or, if the two are equally bad, would throw out the party that is in, and wait till the next election and then throw out the other party that is in - then, I say, the commercial politician would feel a demand for good government and he would supply it."
Author: Lincoln Steffens
5. "Public-Private Partnership in financing, service delivery and provision of workspaces and training of trainers must be promoted to meet the demand and supply gap in the field of skill development."
Author: Pallam Raju

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If you just try long enough and hard enough, you can always manage to boot yourself in the posterior."
Author: A. J. Liebling

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