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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The point is that no one person knows the ‘correct’ price of anything, that is, the price which will enable supply and demand to balance. Michael Lynch, Forbes.com, 15 Aug. 2025 The gap between global supply and demand expanded from 60,000 barrels per day a year ago to almost 1.3 million barrels by mid-2025, according to the DOE, which is at least glut adjacent. Jordan Blum, Fortune, 15 Aug. 2025 Sellers can create an intimate profile of each consumer, and use it to assess that consumer’s unique willingness, and ability, to pay more than the price that the traditional supply and demand curves would yield. George Slover, Time, 6 Aug. 2025 That means that most of the neodymium, dysprosium, and terbium that end up in EV motors, drones, wind turbines and even smartphones ... well, depending on supply and demand or even geopolitical landscape, China basically makes the rules. Joe Salas july 19, New Atlas, 19 July 2025 See All Example Sentences for supply and demand

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“Supply and demand.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/supply%20and%20demand. Accessed 21 Aug. 2025.

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