supply and demand


supply and demand
supply and demand supˌply and deˈmand noun [uncountable]
ECONOMICS the relationship between the amount of products and services that are for sale and the amount that people want to buy, especially in the way this affects prices:

• the widening gap between supply and demand

• The laws of supply and demand clearly contribute to higher prices.

— compare demand and supply

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supply and demand UK US noun [U] (also demand and supply)
ECONOMICS the idea that the price of goods and services depends on how much of something is being sold and how many people want to buy it: »

Following the laws of supply and demand, the company raised the price.


Financial and business terms. 2012.

Look at other dictionaries:

  • supply and demand — UK US noun [uncountable] economics the relationship between how much of a particular product is available and how much of it people want, and especially the way that this affects the level of prices Thesaurus: economy and economicshyponym * * *… …   Useful english dictionary

  • Supply and demand — Supply Sup*ply , n.; pl. {Supplies}. 1. The act of supplying; supplial. A. Tucker. [1913 Webster] 2. That which supplies a want; sufficiency of things for use or want. Specifically: [1913 Webster] (a) Auxiliary troops or re[ e]nforcements. My… …   The Collaborative International Dictionary of English

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  • Supply and demand — For other uses, see Supply and demand (disambiguation). The price P of a product is determined by a balance between production at each price (supply S) and the desires of those with purchasing power at each price (demand D). The diagram shows a… …   Wikipedia

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  • supply and demand — sup ply and de,mand noun uncount TECHNICAL the relationship between how much of a particular product is available and how much of it people want, and especially the way this affects the level of prices …   Usage of the words and phrases in modern English

  • supply and demand — UK / US noun [uncountable] economics the relationship between how much of a particular product is available and how much of it people want, and especially the way that this affects the level of prices …   English dictionary

  • supply and demand — /səˌplaɪ ən dɪ mɑ:nd/ noun the amount of a product which is available and the amount which is wanted by customers …   Marketing dictionary in english