supply and demand
nounDefinition 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.
Comments on supply and demand
What made you want to look up supply and demand? Please tell us where you read or heard it (including the quote, if possible).
Test Your Vocabulary
Great Scrabble Words—A Quiz
-
- Which of the following Q-without-U words means the number five in cards or dice?
Test your visual vocabulary with our 10-question challenge!
TAKE THE QUIZ
Test Your Knowledge - and learn some interesting things along the way.
TAKE THE QUIZLove words? Need even more definitions?
Merriam-Webster unabridgedWords at Play
Ask the Editors
Word Games
-
Great Scrabble Words—A Quiz
Words to improve your Scrabble game
Take the quiz -
Which Came First? Quiz
Do you know which word is older?
Take the quiz -
Name That Thing
Test your visual vocabulary with our 10-question challenge!
Take the quiz -
Citation
Do you know the person or title these quotes describe?
Play the game
Share supply and demand
Resources for supply and demand