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supply

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supply

In economics, the production of goods or services for a market in anticipation of an expected demand. The level of supply is determined by the price of the product, the cost of production, the level of technology available for production, and the price of other goods. There is no guarantee that supply will match actual demand.



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? Mentioned in ? References in classic literature
 
Then, as we have many wants, and many persons are needed to supply them, one takes a helper for one purpose and another for another; and when these partners and helpers are gathered together in one habitation the body of inhabitants is termed a State.
The Republic by Plato View in context
For this purpose, as early as 1796, the government sent out agents to establish rival trading houses on the frontier, so as to supply the wants of the Indians, to link their interests and feelings with those of the people of the United States, and to divert this important branch of trade into national channels.
Astoria or Anecdotes of an enterprise beyond the Rocky Mountains by Irving, Washington View in context
A little reflection will explain why along the rising coast of the western side of South America, no extensive formations with recent or tertiary remains can anywhere be found, though the supply of sediment must for ages have been great, from the enormous degradation of the coast-rocks and from muddy streams entering the sea.
The Origin of Species by Darwin, Charles View in context
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