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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

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.

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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