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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Because all that happens is, people don’t realize that our business is supply and demand. Larry Holder, New York Times, 4 Aug. 2026 Salary increases reflect changes in the supply and demand for labor, which can be caused by demographic trends, labor participation rates, technological advances and growth in productivity. John M. Bremen, Forbes.com, 31 July 2026 It’s driven by supply and demand, and what traders, refiners and other buyers are willing to pay. Cathy Bussewitz, Fortune, 31 July 2026 Apple has already raised many of its products’ prices in the face of a global mismatch between supply and demand for memory. Samuel Axon, ArsTechnica, 30 July 2026 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 12 Aug. 2026.

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