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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Still, because the laws of supply and demand apply to marijuana, too, the price of even the licensed good stuff has also dropped precipitously in state after state, driven in part by black market products. —

Lavanya Ramanathan, Vox, 4 Nov. 2024 Just as home values have skyrocketed recently due to the lack of available homes for sale, rent is driven by that same supply and demand dynamic. —

Samantha Delouya, CNN, 21 Oct. 2024 Two key housing affordability issues are supply and demand, and interest rates. —

The Denver Post, 11 Oct. 2024 Microsoft said that some suppliers are behind schedule, which impacts its outlook, but CEO Satya Nadella expects the supply and demand to match up within the second half of the fiscal year. —

Megan Poinski, Forbes, 5 Nov. 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 1 Dec. 2024.

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