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 Inflation has been blamed on various factors on both the supply and demand sides of the equation. Zachary Halaschak, Washington Examiner - Political News and Conservative Analysis About Congress, the President, and the Federal Government, 12 June 2024 Waiting on the Fed In striving to slow the economy enough to tamp down inflation, the Federal Reserve is looking to balance the supply and demand of workers without sparking a surge in unemployment or setting off a recession. Kate Gibson, CBS News, 7 June 2024 Congress should mandate that the Defense Department set minimum munitions stockpile levels and create a mechanism to restock automatically once munitions are sold or expended to balance supply and demand. Thomas G. Mahnken, Foreign Affairs, 5 June 2024 One reason for the decline: the law of supply and demand. Frank Witsil, Detroit Free Press, 3 June 2024 Those were reasons – not the only ones, but big ones – why kids, for a long time, defied the most basic rules of supply and demand. Andre Mouchard, Orange County Register, 2 June 2024 Planners attempt to coordinate this vast network of people, products and places to profitably match supply and demand. Daniel Pellathy, The Conversation, 31 May 2024 Because of supply and demand, tickets resold on the secondary market can be much higher than face value. Wendy Lee, Los Angeles Times, 23 May 2024 The company, wrote Dan Wall, head of corporate affairs, does not set prices and those are subject to the rules of supply and demand. Chris Morris, Fortune, 23 May 2024

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 17 Jun. 2024.

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