Warning

Info

LSDefine

Simple English definitions for legal terms

supply

Read a random definition: contingent-interest mortgage

A quick definition of supply:

Supply: The amount of things that are available to buy at a certain price. This can be all the things made in a whole country over a certain time period, or just the things made by one company.

A more thorough explanation:

Definition: The amount of goods or services that are available for purchase at a given price. This can refer to a specific product or to the overall amount of goods and services produced in an economy during a certain period of time, known as aggregate supply.

Examples:

  • A grocery store has a supply of apples for sale at $1 per pound.
  • The aggregate supply of cars in the United States increased by 5% last year.

The first example illustrates the supply of a specific product, apples, at a certain price point. The grocery store has a certain amount of apples available for purchase, and customers can buy as many as they want at the given price of $1 per pound.

The second example illustrates the overall supply of a product category, cars, in the United States. The aggregate supply increased by 5% last year, meaning that more cars were produced and available for purchase in the market.

supplies | supply curve

General

General chat about the legal profession.
main_chatroom
👍 Chat vibe: 0 👎
Help us make LSD better!
Tell us what's important to you
19:11
Nah, the fucked up thing about therapists is they try and make you think your parents are your enemy 99% of the time and really they should be telling you that your parents have almost no effect on the rest of your life. If they can get you to keep focusing on your parents they can keep making money.
19:12
Yeah, my life really does flow in about 5 years periods.
19:12
My crypto also flows in 5 day epochs too.
19:16
what do you do with your days as an unemployed crypto guy? do you play an instrument or something
19:47
please lawd
19:47
forgive me
19:47
its time to go back to tha old me
19:50
this is what i feel like when i get one single drill question right
19:50
when u get one wrong ;(
therapist slander detected
1a2b3c4d26z
20:37
Anyone got any polymarket locks
1a2b3c4d26z
20:37
Is anyone in here cool like fr cool
1a2b3c4d26z
20:37
Like watch college football cool
1a2b3c4d26z
20:37
Or like
1a2b3c4d26z
20:38
Frat
1a2b3c4d26z
20:39
Sorry guys I'm bored trying to get my Berkeley essay to 4 pages
20:40
no way they want four pages that’s crazy
20:41
bitches wanna be different sooo bad 😴
1a2b3c4d26z
20:42
Technically they want 3 to be completely fair to the powers that be, so I'm really trying to push out to 3
1a2b3c4d26z
20:42
But it's 1/2 inch margins
20:44
assuming it was 2 already, you’ve totally got 3 double spaced pages in you
20:45
should I watch the quirky umich dean videos? i feel like all of you have seen them except me but I can’t work up any enthusiasm for the idea
1a2b3c4d26z
20:54
I like Dean Z not sure why she gets slandered sometimes
1a2b3c4d26z
20:54
I would say yeah, they're helpful. But they can verge on unproductive and stress-inducing if you watch enough of them (especially the application read-through ones)
21:07
okay I’ll check them out
21:40
hey so where do i see my LSAC GPA bc i know they calculate it differently
21:40
sorry new to dis
LSD+ is ad-free, with DMs, discounts, case briefs & more.