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 Like so many economic problems, inflation emerged due to an imbalance between supply and demand. Max Zahn, ABC News, 18 July 2024 At a high level, hot inflation is largely an issue of mismatched supply and demand. Greg Iacurci, CNBC, 11 July 2024 Without an open economy, no amount of planners’ computations could keep supply and demand in line. Andrei Kolesnikov, Foreign Affairs, 10 July 2024 Airfares are driven far more by supply and demand, not their costs. Chris Isidore, CNN, 3 July 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 19 Aug. 2024.

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