Tag Archives: defining

Definition Of Supply In Economics

By | October 9, 2023

Definition Of Supply In Economics – The law of supply and demand combines two economic principles that describe how the price of a resource, commodity or product changes with supply and demand. When prices go up, supply goes up as demand goes down. On the other hand, when the price falls, supply contracts while the demand is growing.… Read More »

5 Defining Characteristics Of A Mineral

By | July 30, 2023

5 Defining Characteristics Of A Mineral – Even geologists find it difficult to see minerals. There are more than 4,000 known minerals, and about 80-100 new ones are discovered each year. Of all these, only a few hundred are considered normal. To aid in identification, geologists must carefully consider the physical properties of minerals. These properties may include:… Read More »