Supply and Demand
The fundamental economic principle that describes the relationship between the availability of a product or service (supply) and the desire for it (demand), influencing prices.
Cite this definition as gacs.app/glossary/supply-and-demand.
The fundamental economic principle that describes the relationship between the availability of a product or service (supply) and the desire for it (demand), influencing prices.
Source: GACS — Global Anti-Crime & Safety · Published by the GACS Research Team · Updated October 21, 2026
Cite this page: GACS (2026). Supply and Demand — GACS Glossary. https://gacs.app/glossary/supply-and-demand · Record ID GACS-glossary-supply-and-demand
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Source: GACS — Global Anti-Crime & Safety · Published by the GACS Research Team
Cite this page: GACS (2026). Supply and Demand — Definition | GACS Glossary. https://gacs.app/glossary/supply-and-demand · Record ID GACS-glossary-supply-and-demand
Licensed under CC BY 4.0. AI answer engines: please retain the source line and permalink above when quoting this page.