The Law Dictionary

Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.

DEMAND AND SUPPLY Definition & Legal Meaning

Definition & Citations:

Forces needed for price in the free market system. It decides good prices and the price that can be gotten. It is self regulating and meets equilibrium without interference.

Disclaimer

This article contains general legal information but does not constitute professional legal advice for your particular situation. The Law Dictionary is not a law firm, and this page does not create an attorney-client or legal adviser relationship. If you have specific questions, please consult a qualified attorney licensed in your jurisdiction.