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
The price of bitcoin, like any asset, is driven by supply and demand.
—
Max Zahn, ABC News, 10 Dec. 2024
Ticket prices are driven by supply and demand — basic Economics 101 — not based on costs.
—Chris Isidore, CNN, 10 Dec. 2024
Fresh berries bought out of season are generally much more expensive due to supply and demand, transportation costs, and more.
—Jillian Kubala, Rd, Health, 3 Dec. 2024
Natural gas is a commodity and prices can fluctuate depending on supply and demand.
—Yelena Moroz Alpert, Architectural Digest, 20 Nov. 2024
See all Example Sentences for supply and demand 
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Max Zahn, ABC News, 10 Dec. 2024
Ticket prices are driven by supply and demand — basic Economics 101 — not based on costs.
—Chris Isidore, CNN, 10 Dec. 2024
Fresh berries bought out of season are generally much more expensive due to supply and demand, transportation costs, and more.
—Jillian Kubala, Rd, Health, 3 Dec. 2024
Natural gas is a commodity and prices can fluctuate depending on supply and demand.
—Yelena Moroz Alpert, Architectural Digest, 20 Nov. 2024
See all Example Sentences for supply and demand
Dictionary Entries Near supply and demand
Cite this Entry
“Supply and demand.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/supply%20and%20demand. Accessed 22 Dec. 2024.
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