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.

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And if demand stays strong, the basic economic law of supply and demand says that prices will go up if supply is restricted. Chris Isidore, CNN Money, 17 Apr. 2025 Companies can share tariffs with retailers depending on their supply and demand. Renan Botelho, Footwear News, 4 Apr. 2025 Progressives need to understand that trying to impose prices end up causing inflation; see supply and demand. Roger Valdez, Forbes.com, 3 Apr. 2025 Economists are also paying close attention to how labor supply and demand dynamics are impacting wage gains — especially as inflation risks heating up again. Bloomberg, The Mercury News, 7 Mar. 2025 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 24 Apr. 2025.

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