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
At those rates, the difference between supply and demand would be too large for other energy sources to compensate.
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Deni Ellis Béchard, Scientific American, 13 Jan. 2026
In cross-border e-commerce, balancing supply and demand through AI integration will be key to creating a more dynamic market.
—Li Jun, Footwear News, 11 Jan. 2026
After all, electricity is a commodity that’s subject to the laws of supply and demand just like other similar products.
—The Editorial Board, Chicago Tribune, 11 Jan. 2026
StubHub is on dynamic pricing that changes by supply and demand.
—Mike Sullivan, CBS News, 7 Jan. 2026
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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 20 Jan. 2026.
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