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

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There’s a supply and demand there, and the supply in the NHL with good players that become available is just limited. Scott Powers, New York Times, 6 June 2025 In its simplest form, the problem is a supply and demand issue: the number of people needing care vastly exceeds the number of providers available, particularly in specialty fields like eye care. Sonali Bloom, Forbes.com, 5 June 2025 This chart represents a domestic market with the intersection of the supply and demand lines representing the equilibrium point. Zev Fima, CNBC, 4 June 2025 The economic law of supply and demand suggests that less supply and unchanged demand will push prices higher. Chris Isidore, CNN Money, 1 May 2025 See All Example Sentences for supply and demand

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Cite this Entry

“Supply and demand.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/supply%20and%20demand. Accessed 9 Jun. 2025.

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