Supply and demand

Supply and demand is an economic model of price determination in a market. It concludes that in a competitive market, the unit price for a particular good will vary until it settles at a point where the quantity demanded by consumers (at current price) will equal the quantity supplied by producers (at current price), resulting in an economic equilibrium of price and quantity.
The four basic laws of supply and demand are [1]
If demand increases and supply remains unchanged then higher equilibrium price and unchanged quantity.
If demand decreases and supply remains the same then lower equilibrium price and unchanged quantity.
If supply increases and demand remains unchanged then lower equilibrium price and higher quantity.
If supply decreases and demand remains the same then higher price and lower quantity.

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As of December 2010, Commander Carrier Strike Group Fourteen (COMCARSTRKGRU 14) serves as Immediate Superior-in-Command (ISIC) for the guided-missile cruisers USS Gettysburg and Philippine Sea. Acting as an Operational Commander, COMCARSTRKGRU 14 exercises oversight of unit-level training, integrated training, and readiness for assigned ships and units, as well as maintains administrative functions and material readiness tracking for ships and squadrons assigned to the group.[5][10]
Carrier Strike Group Fourteen reports to Commander, U.S. Second Fleet as one of six carrier strike groups currently assigned to the United States Fleet Forces Command. CARSTRKGRU 14's pre-deployment training and certification comes under the operational control (OPCON) of the U.S. Second Fleet. When deployed overseas, ships of Carrier Strike Group Fourteen comes under the command authority of the U.S. Sixth Fleet when operating in the Mediterranean Sea (MED) and the U.S. Fifth Fleet when operating in the Indian Ocean and the Persian Gulf.

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