based on supply

USAGE SUMMARY

The phrase "based on supply" is correct and usable in written English.
It can be used when discussing decisions, pricing, or availability that depend on the amount of a product or resource available. Example: "The pricing of the product will be adjusted based on supply and demand fluctuations."

✓ Grammatically correct

News & Media

Science

Human-verified examples from authoritative sources

Exact Expressions

54 human-written examples

Bitcoin's value fluctuates based on supply and demand; one bitcoin is currently worth about $642.

The Guardian

This is a big deal because an effective price mechanism -- one that adjusts prices based on supply and demand -- is a trademark feature of capitalist economies.

Huffington Post

Off the record, one top hotel admitted to the BBC that the rooms market is "based on supply and demand".

BBC

"Part of the beauty of this is that it's based on supply and demand," he added.

The New York Times

Like airlines, rental car companies change prices frequently, based on supply and demand.

The New York Times - Travel

Currencies work like any other salable good in that they adjust based on supply and demand.

The New York Times - Magazine

Human-verified similar examples from authoritative sources

Similar Expressions

5 human-written examples

Its approach was based on supply-side economics, which holds that increasing productive resources should be the focus of economic policy.

Encyclopedia Britannica

Initial models for external sources are based on supply-demand curves.

Procedia Technology

This discussion points to potential downsides to policies based on supply-side thinking while encouraging more research in the area.

Forest Ecosystems

Reagan implemented policies based on supply-side economics, advocating a laissez-faire philosophy and free-market fiscal policy, seeking to stimulate the economy with large, across-the-board tax cuts.

Wikipedia

Based on this literature, we have synthesised the possible interventions identified in Table 3 into a model for promoting physical activity among these adolescent girls based on supply-side and demand-side principles.

Global Health Action

Expert writing Tips

Best practice

When using "based on supply", clearly specify what is being influenced by the supply. For instance, "Pricing is based on supply and demand" is clearer than simply stating "Pricing is based on supply".

Common error

Avoid using "based on supply" as the sole explanation for a phenomenon, especially in economics. Market dynamics often involve both supply and demand, as well as other factors such as consumer behavior and external market forces. For instance, stating that "price increases are based on supply" may be misleading if demand also plays a significant role. A more accurate statement would be "Price increases are based on limited supply and high demand".

Linguistic Context

The phrase "based on supply" functions as a prepositional phrase, typically modifying a noun or verb phrase. As Ludwig highlights, it indicates that something is determined or influenced by the availability of resources or goods. It often appears in contexts relating to economics, pricing, and market dynamics.

Expression frequency: Very common

Frequent in

News & Media

42%

Science

38%

Formal & Business

10%

Less common in

Wiki

4%

Encyclopedias

4%

Academia

2%

Ludwig's WRAP-UP

In summary, "based on supply" is a common and grammatically sound prepositional phrase used to indicate that something is determined or influenced by the availability of a resource or product. As Ludwig confirms, the phrase is widely used across various contexts, including news, science, and business. When using this phrase, be specific about what is being influenced by the supply, and consider other factors like demand that might also play a role. Alternatives such as ""dependent on supply"" or "determined by supply" can be used for variety. Keep in mind that while the phrase is generally accepted, ensuring clarity and context will enhance its effectiveness in your writing.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

dependent on supply

Replaces "based on" with "dependent on", emphasizing reliance on the supply.

determined by supply

Replaces "based on" with "determined by", highlighting the decisive role of supply.

contingent on supply

Replaces "based on" with "contingent on", indicating conditional dependence on supply.

subject to supply

Replaces "based on" with "subject to", suggesting vulnerability to changes in supply.

driven by supply

Highlights that supply is the primary driver of something, like price or availability.

according to supply

Indicates that something varies or is adjusted in accordance with the available supply.

reflective of supply

Suggests that a value or characteristic mirrors the current supply levels.

tied to supply

Expresses a close and inseparable connection to the amount of supply.

influenced by supply

Indicates that supply is one of the factors affecting something.

governed by supply

Suggests that supply dictates the rules or outcomes of a situation.

FAQs

How to use "based on supply" in a sentence?

Use "based on supply" to indicate that something is determined or influenced by the availability of a resource or product. For example, "The cost of tickets is "dependent on supply" and demand".

What can I say instead of "based on supply"?

You can use alternatives like "determined by supply", ""dependent on supply"", or "contingent on supply" depending on the context.

Which is correct, "based on supply" or "based off supply"?

"Based on supply" is the correct and more formal phrase. "Based off supply" is considered less formal and is generally discouraged in formal writing.

What's the difference between "based on supply" and "based on demand"?

"Based on supply" indicates that something is influenced by the availability of goods or resources, while "based on demand" indicates that something is influenced by how much consumers want a product or service. Both supply and demand typically interact to determine market conditions.