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English definition of “supply and demand”

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supply and demand

the idea that the price of goods and services depends on how much of something is being sold and how many people want to buy it
Translations of “supply and demand”
in Chinese (Traditional) 供應與需求,供求…
in Chinese (Simplified) 供应与需求,供求…
(Definition of supply and demand from the Cambridge Advanced Learners Dictionary & Thesaurus © Cambridge University Press)
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