Dictionary.com

law of supply and demand

Save This Word!

noun
the theory that prices are determined by the interaction of supply and demand: an increase in supply will lower prices if not accompanied by increased demand, and an increase in demand will raise prices unless accompanied by increased supply
QUIZ
FIRE UP YOUR VOCAB FOR A "RED" SYNONYMS QUIZ
No fire engine reds here, only a fierce collection of vibrant words for the color red to test yourself on.
Question 1 of 7
What does "amaranth" mean?
Meet Grammar CoachWrite or paste your essay, email, or story into Grammar Coach and get grammar helpImprove Your Writing
Meet Grammar CoachImprove Your Writing
Write or paste your essay, email, or story into Grammar Coach and get grammar help
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

How to use law of supply and demand in a sentence

FEEDBACK