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 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 Another one of the biggest factors affecting water supply is inequities between supply and demand, another consequence of a growing global population, experts told ABC News. Julia Jacobo, ABC News, 21 Jan. 2024 On their website, and on the resale market, ticket prices are constantly adjusted based on supply and demand. Bill Shaikin, Los Angeles Times, 22 Mar. 2024 The participation rate has not returned to pre-pandemic levels, vexing economists and the Fed, while also contributing to an imbalance of worker supply and demand. Alicia Wallace, CNN, 7 Mar. 2024 Perfect Storm The very nature of an eclipse—an event tied to a specific date that many people only become aware of with weeks or even days to go—can often see a perfect storm of supply and demand. Jamie Carter, Forbes, 28 Feb. 2024 As buyers return this spring, some experts predict there will be enough of a mismatch between supply and demand to send prices back up. Andrew Khouri, Los Angeles Times, 26 Feb. 2024 There has to be an audience, there has to be supply and demand. J. Clara Chan, San Diego Union-Tribune, 11 Feb. 2024

These examples are programmatically compiled from various online sources to illustrate current usage of the word 'supply and demand.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.

Dictionary Entries Near supply and demand

Cite this Entry

“Supply and demand.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/supply%20and%20demand. Accessed 24 Apr. 2024.

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