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
Grids are essentially huge circuits in which supply and demand must be balanced minute by minute.
—
The Week Uk, theweek, 16 June 2024
Following the rules of supply and demand, a route with a layover might be cheaper than a nonstop flight.
—Stefanie Waldek, Travel + Leisure, 15 June 2024
The law of supply and demand lay dormant under Donald Trump’s devastating response to the COVID-19 emergency in March 2020.
—Sun Sentinel Editorial Board, Sun Sentinel, 13 June 2024
Far better to charge a modest price that inspires some drivers to carpool and others to take public transit or shop nearer to home, until supply and demand are balanced and traffic flows easily.
—Megan McArdle, Washington Post, 12 June 2024
See all Example Sentences for supply and demand 
The Week Uk, theweek, 16 June 2024
Following the rules of supply and demand, a route with a layover might be cheaper than a nonstop flight.
—Stefanie Waldek, Travel + Leisure, 15 June 2024
The law of supply and demand lay dormant under Donald Trump’s devastating response to the COVID-19 emergency in March 2020.
—Sun Sentinel Editorial Board, Sun Sentinel, 13 June 2024
Far better to charge a modest price that inspires some drivers to carpool and others to take public transit or shop nearer to home, until supply and demand are balanced and traffic flows easily.
—Megan McArdle, Washington Post, 12 June 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.
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 2 Jul. 2024.
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