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

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Microsoft said that some suppliers are behind schedule, which impacts its outlook, but CEO Satya Nadella expects the supply and demand to match up within the second half of the fiscal year. Megan Poinski, Forbes, 5 Nov. 2024 Sam Stovall, chief investment strategist for CFRA Research, believes the supply and demand story could be a bit more complicated. Greg McKenna, Fortune, 2 Nov. 2024 Presidents also have little control over gas prices because they are primarily driven by global crude oil prices, which rely on the market fundamentals of supply and demand. Deena Zaidi, Quartz, 29 Oct. 2024 Just as in the classic car market, the art market is going through a generational shift that’s created a mismatch between supply and demand. Robert Frank, CNBC, 24 Oct. 2024 See all Example Sentences for supply and demand 

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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 21 Nov. 2024.

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