Demand and supply are the opposite extremes of the beam…
“Demand and supply are the opposite extremes of the beam, whence depend the scales of dearness and cheapness; the price is the point of equilibrium, where the momentum of the one ceases, and that of the other begins.”
About This Quote
This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation.
The market balances price when demand and supply forces equalize, ending one’s influence and starting the other’s.
In simple terms: Price balances demand and supply.
Key Takeaway
Observe market shifts to find equilibrium.
Themes
economics
market
equilibrium
price
balance
Mood
analytical
neutral
Type
economic
theoretical
When to use this quote
- pricing strategy
- investment decisions
- policy analysis
- business planning
Key Concepts
Supply and demand
market forces
price theory
Questions to Reflect On
- How do external factors disrupt equilibrium?
- What signals indicate a shift in demand or supply?
A Different Perspective
Real markets may be distorted by externalities or imperfect information.