supply and demand vs offer and demand

The correct phrase is 'supply and demand'. 'Offer and demand' is not a common or correct phrase in English. 'Supply and demand' is a well-known economic concept that refers to the relationship between the availability of a good or service and the desire for it.

Last updated: August 06, 2024 • 1581 views

supply and demand

This phrase is correct and commonly used in English.

This phrase is used in economics to describe the relationship between the availability of a product or service (supply) and the desire for it (demand).

Examples:

The price of a product is determined by the balance of supply and demand.
Understanding supply and demand is crucial for businesses to set prices effectively.

Show examples from the web [+]

Levels of supply and demand for varying prices can be plotted on a graph as curves. The intersection of these curves marks the equilibrium or market-clearing ...
In microeconomics, supply and demand is an economic model of price determination in a market. It postulates that, holding all else equal, the unit price for ...
In any market transaction between a seller and a buyer, the price of the good or service is determined by supply and demand in a market. Supply and demand ...
This report reflects the data challenges and uncertainties of projecting future workforce supply and demand.

offer and demand

This phrase is not correct or commonly used in English.

Alternatives:

supply and demand
demand and supply
demand and offer
supply and offer
market forces

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supply and demand vs offer and demand