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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
Пример
A market economy allows businesses to operate based on supply and demand without government interference in pricing.
Agricultural commodities such as wheat, corn, and soybeans are subject to fluctuations in price based on factors like weather conditions and supply and demand.
In his lecture, the professor emphasized the mundane aspects of economics, such as supply and demand, rather than delving into abstract theories.
The price of crude oil fluctuates based on supply and demand dynamics in the global market.
This is a textbook instance of supply and demand at work in the economy.
