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 With ticket sales almost entirely an online process these days, teams constantly adjust prices based on supply and demand. Bill Shaikin, Los Angeles Times, 25 Oct. 2024 The oil market has shifted focus back to supply and demand fundamentals, with consumption in China softening as supplies are expected to rise. Spencer Kimball, CNBC, 21 Oct. 2024 Lower prices seemed pretty likely despite the insistence of so many experts that oil was ‘different’ and didn’t obey the laws of supply and demand. Michael Lynch, Forbes, 18 Oct. 2024 The Ministry of Finance and relevant departments are working together to focus on promoting the balance of supply and demand in the real estate market, continuously optimizing fiscal and taxation policies, and pushing the real estate industry back on track for stable and healthy development. Brendan Ahern, Forbes, 14 Oct. 2024 See all Example Sentences for supply and demand 

These examples are programmatically compiled from various online sources to illustrate current usage of the word 'supply and demand.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.

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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 5 Nov. 2024.

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