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Supply

Supply

(n)
UK
səˈplaɪ
US
səˈplaɪ
Definition: Make (something needed or wanted) available to someone; provide.
Meaning: Sự cung cấp, sự tiếp tế
Very Common
How to use "Supply" vocabulary in sentence (example)

This was because they weren't grown in Europe, so when world explorers brought back this rare and exotic new fruit, supply was low and demand was high.

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Laptops can be powered either from an internal battery or by an external power supply from an AC adapter.

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Supply and demand is a model of microeconomics.

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There are two determining factors on such a market, the number of things made available, called supply, and the number of things consumers want, called demand.

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Supply and demand shows how producers and consumers interact with each other.

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For normal goods, and a normal market, there are four basic laws that determine the change in the market, if either supply or demand changes.

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If the demand increases, and the supply remains the same, there will be a shortage, and the price will increase.

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If the demand decreases, and the supply remains the same, there will be a surplus, and the price will go down.

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If the supply increases, and the demand remains the same, there will be a surplus, and the price will go down.

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If the supply decreases, and the demand remains the same, there will be a shortage, and the price will increase.

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When there is more supply, this will cause prices to fall because people will not want to pay more for items that can be found easily.

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When there is more demand, prices will go up because many people want to buy the same item but there is not enough supply for it.

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This greater number of providers makes the supply go up, which forces the price down toward the cost of production and distribution.

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More than two-thirds of the world's cocoa is grown in Africa, and Côte d'Ivoire alone produces 33% of the world's supply.

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Instead she created chocolate chip cookies, and later sold the idea to Nestle for a lifetime supply of chocolate.

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A whopping 50% of the entire world's supply.

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