Supply
Encyclopedia : S : SU : SUP : Supply
Supply has a number of meanings:
- In economics, supply is the aggregate amount of any material good that can be called into being at a certain price point; it comprises one half of the equation of supply and demand. In classical economic theory, a curve representing supply is one of the factors that produce price.
- In the Westminster System, supply refers to the annual budget for the government. Failure of the supply bill is the equivalent of the failure of a Motion of Confidence and causes new elections and the potential selection of a new Prime Minister: see appropriation bill, loss of supply.
- In military affairs, supplies are the matériel which a military unit needs to fulfil its mission.
See also
From Wikipedia, the Free Encyclopedia. Original article here. Support Wikipedia by contributing or donating.
All text is available under the terms of the GNU Free Documentation License See Wikipedia Copyrights for details.
