Definition of supply and demand
: 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.
Love words? Need even more definitions?Merriam-Webster unabridged
Words at Play
You're (Probably) Saying It Wrong
18 words even you might be mispronouncing
Great Big List of Beautiful & Useless Words
Along with their degrees of usefulness
12 French Phrases from Downton Abbey
Many of us have an 'idée fixe'
Rare and Amusing Insults, Volume 2
Sometimes a 'cacafuego' can be a real 'slubberdeg...
Ask the Editors