demand and supply


Also found in: Dictionary, Financial, Wikipedia.
Related to demand and supply: Elasticity of Demand and Supply

demand and supply:

see supply and demandsupply and demand,
in classical economics, factors that are said to determine price, by correlating the amount of a given commodity producers hope to sell at a certain price (supply), and the amount of that commodity that consumers are willing to purchase (demand).
..... Click the link for more information.
.