supply demand

USAGE SUMMARY

The phrase "supply demand" is grammatically correct and can be used in written English.
It is commonly referred to as a noun phrase and is often used in economics and business contexts. Example: "The supply demand curve helps us analyze the relationship between the availability of a product and the demand for it in the market."

✓ Grammatically correct

News & Media

Science

Academia

Human-verified examples from authoritative sources

Exact Expressions

9 human-written examples

Despite the small supply, demand is sustained by foreign investors.

The New York Times

Supply, demand and cathedral ceilings have intersected in the Hamptons.

The New York Times

Supply, demand and entrepreneurship have caused this situation.

The New York Times

Incomes then rise alongside supply, demand, and production.

The Guardian

JENNIFER RIGONI, Apple's worldwide supply demand manager until 2010, on the advantages of using foreign plants.

The New York Times

Supply, demand, and equilibrium in the market for CRNAs.

Duke University

Human-verified similar examples from authoritative sources

Similar Expressions

51 human-written examples

Furthermore, propofol only adversely deleteriously affected the myocardial oxygen supply- demand ratio.

Critical Care

North America is a microcosm of the supply-demand discord.

The Economist

That supply-demand dynamic is about to change.

The New York Times

Finally, there is a much healthier supply-demand equation.

The New York Times

Supply-demand imbalances get corrected eventually.

Forbes

Expert writing Tips

Best practice

When discussing economic principles, contextualize "supply demand" with specific examples to illustrate its impact on pricing and market behavior.

Common error

Avoid assuming a direct linear relationship between supply and demand. Consider market elasticity, where changes in price can disproportionately affect either supply or demand depending on the product or service.

Linguistic Context

The phrase "supply demand" functions primarily as a noun phrase. As confirmed by Ludwig AI, it's a common way to refer to the fundamental economic principle determining price and availability. Examples from Ludwig illustrate its use in describing market dynamics and imbalances.

Expression frequency: Uncommon

Frequent in

News & Media

33%

Science

33%

Academia

17%

Less common in

Encyclopedias

8%

Formal & Business

8%

Wiki

0%

Ludwig's WRAP-UP

In summary, "supply demand" is a noun phrase referring to the basic economic principle that determines the price and availability of goods and services. Ludwig AI confirms its grammatical correctness and common usage. While frequently encountered in the "News & Media" and "Science", it maintains a neutral register adaptable to various contexts. To improve writing, always contextualize the term with specific examples and be mindful of market elasticity. Alternatives like "market equilibrium" or "supply and demand dynamics" can add nuance to your expression. Finally, remember that failing to contextualize this term into practice is a common mistake.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

supply and demand dynamics

This alternative emphasizes the active and changing interaction between supply and demand forces.

market supply and demand

Specifies that the relationship being considered is happening within a market context.

availability and demand

Reorders the terms and uses a more descriptive word for supply.

supply-demand balance

Highlights the state of equilibrium between what is available and what is desired.

forces of supply and demand

Emphasizes the external pressures that influence the market.

scarcity and demand

Focuses on situations where supply is limited.

market equilibrium

Focuses on the point where supply and demand balance each other.

supply responsiveness to demand

Addresses the ability of suppliers to adjust to consumer needs.

demand fulfillment

Shifts focus to how effectively the available supply meets the existing desire.

supply adequacy

Concerns whether supply is sufficient to meet demand.

FAQs

How can I illustrate the relationship between supply and demand?

Visual aids like a supply and demand curve effectively show how price and quantity interact. You can also use real-world examples, such as the impact of a shortage on prices, to demonstrate the principle.

What factors can affect the equilibrium of supply and demand?

Several factors can shift either the supply or demand curve, including changes in consumer preferences, technological advancements, input costs, and government regulations. Any of these can disrupt the "market equilibrium".

How does "supply demand" influence market prices?

When demand exceeds supply, prices tend to rise, signaling to producers to increase production. Conversely, when supply exceeds demand, prices fall, encouraging producers to reduce output. This dynamic is central to price discovery in a market economy.

What is "supply demand" elasticity?

Elasticity refers to how sensitive the quantity supplied or demanded is to a change in price. If demand is elastic, a small price change will significantly affect the quantity demanded. If it's inelastic, the quantity demanded will change little, even with a significant price change.