supply and demand
US /səˌplaɪ ən dɪˈmænd/
UK /səˌplaɪ ən dɪˈmænd/

1.
oferta y demanda
the amount of a commodity, product, or service available and the desire of buyers for it, considered as factors regulating its price and availability
:
•
The price of oil is determined by supply and demand.
El precio del petróleo está determinado por la oferta y la demanda.
•
Understanding supply and demand is crucial in economics.
Comprender la oferta y la demanda es crucial en economía.