Abstract

Demand and supply — categories with a rich history, introduced into scientific circulation 250 years ago, comprehensively investigated from the positions of quantitative analysis. But it turns out that the glossaries of microeconomic textbooks do not give either the definition of demand (there is a reference — see the demand curve) or the units of demand measurement (there are no units of measurement between the price and quantity) and, accordingly, supply that restricts their practical application. The model of the general economy — the synthesis of the “Capital” of Marx, micro- and macroeconomics — allows us to supplement the quantitative analysis of all market categories with qualitative analysis and, in particular, to define demand and supply through two factors of the commodity–use value and cost. The definition of categories and units of their measurement makes it possible to expand the field of application of theory (the demand for a set of goods and the supply of a set of goods) and formulate an algorithm for their use in business practice.

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