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Vocabulary

demand (n)

спрос

In economics, demand is the utility for a good or service of an economic agent, relative to a budget constraint.

supply (n)

предложение; поставка; снабжение; запас(ы)

Supply (economics), the amount of a product which is available to customers

auctioneer (n)

аукционист

An auctioneer may announce prices, bidders may call out their bids themselves (or have a proxy call out a bid on their behalf), or bids may be submitted electronically with the highest current bid publicly displayed.

currency (n)

валюта; деньги (обычно наличные деньги)

currency in the most specific use of the word refers to money in any form when in actual use or circulation, as a medium of exchange, especially circulating paper money.

transfer (n)

перевод, перемещение

Now we often use the electronic transfer of money

schedule (n)

график; шкала

Certain kinds of schedules reflect information that is generally made available to the public, so that members of the public can plan certain activities around them.

amount (n)

количество; объем

Amount is a quantity of something, or the sum of multiple quantities expressed as a number that may or may not be expressed as a number.

quantity demanded

величина спроса

Quantity demanded is the quantity of a commodity that people are willing to buy at a particular price at a particular point of time.

inverse relationship

обратная зависимость

The inverse relation of a binary relation is the relation that occurs when the order of the elements is switched in the relation. 

quantity supplied

величина предложения

A quantity supplied is a term used in economics to describe the amount of goods or services that are supplied at a given market price. The rate at which the amount supplied changes in response to changes in prices is called the price elasticity of supply. 

bargaining (n)

торги; ведение переговоров; заключение сделки

Bargaining or haggling is a type of negotiation in which the buyer and seller of a good or service dispute the price which will be paid and the exact nature of the transaction that will take place, and eventually come to an agreement. Bargaining is an alternative pricing strategy to fixed prices.

equilibrium price

равновесная цена

An equilibrium market price is the price at which there is no tendency for it to change.

schematically

схематично

The word schematically is used in the meaning of a simplified diagram.

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