supply and demand

noun

: the amount of goods and services that are available for people to buy compared to the amount of goods and services that people want to buy

If less of a product than the public wants is produced, the law of supply and demand says that more can be charged for the product.

Examples of supply and demand in a Sentence

Recent Examples on the Web

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Meanwhile, electricity rates will rise inexorably in light of the law of supply and demand. —

Michael Riordan, Scientific American, 31 Jan. 2025 So the upcharge is real, but hey, supply and demand. —

Mitch Wallace, Forbes, 30 Jan. 2025 A question of supply and demand Drugs have been pervasive throughout U.S. history. —

Rodney Coates, The Conversation, 27 Jan. 2025 The company reports earnings after Wednesday’s closing bell, and its quarter and outlook will provide supply and demand insights into several key end markets, including smartphones, PCs, and high bandwidth memory for AI chips. —

Jeff Marks, CNBC, 18 Dec. 2024 See all Example Sentences for supply and demand

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“Supply and demand.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/supply%20and%20demand. Accessed 10 Feb. 2025.

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