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

Fortunately, the spike in consumption over recent months will reverse itself in the fall as temperatures drop, bringing supply and demand into better balance, de Haan said. —Max Zahn, ABC News, 29 Mar. 2024

Companies like Siemens and General Electric are using AI to optimize the performance of electrical grids, balancing supply and demand, and integrating renewable energy sources more efficiently. —Neil Sahota, Forbes, 28 Mar. 2024

Boeing’s recent problems are further widening the gap between supply and demand. —Anthony Palazzo, Fortune, 18 Mar. 2024

The imbalance between supply and demand is expected to get even worse next year. —David J. Lynch, Washington Post, 12 Mar. 2024

And now, two groups of states are proposing competing plans for addressing the river’s chronic gap between supply and demand. —Ian James, Los Angeles Times, 8 Mar. 2024

The automaker had originally planned to produce an electric SUV as early as next year, but those plans have now been shelved until 2026 thanks to a disconnect between supply and demand. —Byryan Hogg, Fortune Europe, 29 Feb. 2024

While some perceived my ordeal as an outcome of the principles of supply and demand, with property owners making rational choices to maximize profits, the broader housing crisis illustrates the consequences of wealth concentrated in the hands of a few. —Gabriela Sandoval, The Mercury News, 13 Apr. 2024

That kind of mismatch in supply and demand is what can lead to outages. —Justine Calma, The Verge, 8 Apr. 2024