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

Examples are automatically compiled from online sources to show current usage. Read More Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback.

The country is producing well over 13 million bpd, and is expected to maintain output in 2025. Also adding to supply and demand bearishness is a stronger dollar. —

Gaurav Sharma, Forbes, 22 Dec. 2024 This practice of prices changing based on real-time supply and demand received plenty of backlash from consumers and prompted the Federal Trade Commission to investigate how companies use consumers’ data to set prices. —

Nerdwallet, The Mercury News, 13 Dec. 2024 Bloomberg | Bloomberg | Getty Images One interpretation of the law of supply and demand is that when demand outstrips supply, scammers get busy. —

Bob Woods, CNBC, 8 Dec. 2024 With this immense hunger came an imbalance of supply and demand for tickets around the world. —

Kari McMahon, Billboard, 6 Dec. 2024 See all Example Sentences for supply and demand

Cite this Entry

Style

“Supply and demand.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/supply%20and%20demand. Accessed 2 Jan. 2025.

Copy Citation