supply and demand
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.
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Word by Word Definitions
: to add as a supplement
: to provide for : satisfy
: to make available for use : provide
: assistance, succor
: reinforcements
: a member of the clergy filling a vacant pulpit temporarily
: an act of demanding or asking especially with authority
: something claimed as due or owed
: question
: to call for something in an authoritative way : to make a demand : ask
: to ask or call for with authority : claim as due or just
: to call for urgently, imperiously, or insistently
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