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supply and demand
01
the relationship between the amount of goods or services that are available and the amount that people want to buy, especially when this controls prices
Exemplo
In his lecture, the professor emphasized the mundane aspects of economics, such as supply and demand, rather than delving into abstract theories.
The inverse relationship between supply and demand often dictates market prices.
This is a textbook instance of supply and demand at work in the economy.
Agricultural commodities such as wheat, corn, and soybeans are subject to fluctuations in price based on factors like weather conditions and supply and demand.
Economists analyze supply and demand equations to forecast market trends and price changes.
