Does the law of supply and demand in Economics apply to finding Mr. Right? Does it work the same way?

Answer 1

Since among average marriagable age persons, males equal females in number, it would seem that supply equals demand in this case. So, no, for your purposes you wouldn't see much in the way of truly limited supply exceeding demand.

I would say that rules of product differentiation apply to finding Mr. (or Ms) Right a great deal more. You have a monopoly on being you engaging in a monopolistic competition of straight women looking for straight men. In order to manufacture less elasticity for demand of you, you want to differentiate your product as much as possible and use other competitive methods of differentiation, such as advertising and attractive packaging, but "branding" never hurts either.

Then again, you could switch the equation around entirely and think more in terms of being a consumer instead of a producer/seller. Keep YOUR demand elastic on what you are looking for in a man and I think you will find superior goods among men's product differentiation.

Answer 2

in a way i suppose it does there is someone out there for everyone u just have to wait patiently untill he comes along alternatively u could go hunting and although you might land a catch mr right may still evasive so i'd recomend the waiting

Answer 3

Their is no market clearing price where supply = demand. It works like a barter economy where you must find someone who has what you want, and wants what you have.

Answer 4

That depends on how you look at it.