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supply and demand, in economics, relationship between the quantity of a commodity that producers wish to sell at various prices and the quantity that consumers wish to buy. It is the main model of price determination used in economic theory. The price of a commodity is determined by the interaction of supply and demand in a market. The resulting price is referred to as the equilibrium price and represents an agreement between producers and consumers of the good. In equilibrium the quantity of a good supplied by producers equals the quantity demanded by consumers.

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What Does Supply and Demand Mean?

What is the definition of supply and demand? The term supply refers to how much of a certain product, item, commodity, or service suppliers are willing to make available at a particular price. Demand refers to how much of that product, item, commodity, or service consumers are willing and able to purchase at a particular price.

In other words, supply pertains to how much the producers of a product or service are willing to produce and can provide to the market with limited amount of resources available. Whereas, demand is how much of that product or service the buyers desire to have from the market.

Yesterday, I went to "Family Dollar", to get something.  SMH!  All the prices , increased, and marked with a Sharpie, lmaoooooooooooooooooo.

Really.  This what we on?  Again, the stores are selling out of what items they do have, and the new products are smaller, but, the prices have increased.

Supply and Demand!

Another store I frequent has a product I buy often,  @ $1.00 for 32 ounces.  Well, it's up to $1.25 @ 22 ounces.

The struggle is real!