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supply and demand
US
UK
noun
[noncount] :the amount of goods and services that are available for people to buy compared to the amount of goods and services that people want to buy
If
the
company
produces
less
of
a
product
than
the
public
wants
,
the
law
of
supply
and
demand
says
that
the
company
can
charge
more
for
the
product
.