englishing.app
Interface Language
EN English BN বাংলা HI हिन्दी ES Español FR Français DE Deutsch RU Русский ZH 简体中文 JA 日本語
Content Language
Same as website language EN English BN Bengali HI Hindi ES Spanish FR French DE German RU Russian ZH Chinese JA Japanese
Login
Home Courses Vocabularies PDF Videos

the law of supply and demand

Idiom Economics

Meaning

an economic theory that states that the price of a good or service is determined by the availability of the product (supply) and the demand for it

Example Sentences

"The law of supply and demand dictates that prices will rise if demand outstrips supply."

Related Expressions

Best foot forward

To try to make the best possible impression

lend a helping hand

to offer assistance or support

on the fence

undecided or unsure about something

let something slip

to say something unintentionally that was meant to be secret

the dawn of a new day

a new beginning filled with hope

break down

to start crying due to strong emotions