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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While the global financial crisis in 2008 was primarily a shock to demand, and the pandemic in 2020 was a shock to supply, tariffs are a shock to both supply and demand, according to research from Boston Consulting Group presented at the Beauty CEO Summit. Kathryn Hopkins, Footwear News, 20 May 2025 Economists are also paying close attention to how labor supply and demand dynamics are impacting wage gains — especially with inflation risks heating up again. Bloomberg, Mercury News, 4 Apr. 2025 And the long-ago established economic law of supply and demand means that taking millions of cars out of the supply could by itself drive up prices. Chris Isidore, CNN Money, 12 May 2025 But not all manufacturers are comfortable enough to make those investments, as tariff uncertainty paints a blurry picture of future supply and demand. Ethan Karp, Forbes.com, 9 May 2025 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 28 May. 2025.

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