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LSDefine

Simple English definitions for legal terms

supply

Read a random definition: perpars

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

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im distracting myself by schizo-scrolling r/lawschoolamissions and every conceivable data point on this godforsaken website
it is not working
Haaa I naturally want to do that too. I’m trying to stop. They need a surgeon general’s warning on this site for perspective law students
i spend more time on here then anything else trying to rationalize that the waves from last year will match waves for this year (they won't) and that the stats of people with the same stats are indicative of my own (they aren't)
There aren't many people in my stat range so I pretty much know every result in my range after being on here for a few years
9:28
congrats on the 172 bruce
go dawgs fr
9:29
roll tide
do we foresee a fordham election day wave today (i'm delusional)
WorthlessAttractiveZombie
9:31
I think so, Jack
9:31
some people hate him. some people love him, but he a real one: https://youtu.be/w5oEqiVQcF4?t=173
9:32
[kevin oleary]
worthless i trust you implicitly you know what it will happen now.
worthless i trust you implicitly you know what it will happen now.
worthless i trust you implicitly you know what it will happen now.
worthless i trust you implicitly you know what it will happen now.
worthless i trust you implicitly you know what it will happen now.
WorthlessAttractiveZombie
9:34
I mean if Fordham doesn't release today I will purposefully get on a train, go to new york, and then take the stinkiest shit inside the admission office's toilet (potentially clogging it and forcing them to get a plumber)
IS IT ONLY ON MY END WHY DID THAT SEND TEN MILLION TIMES
HELLO
WorthlessAttractiveZombie
9:35
it sent a million times lol
WHAT HAPPENED
yeah i thought you were tweaking for a second
i'm so sorry everyone what the actual fuck this website hates me
WorthlessAttractiveZombie
9:35
Jack's just tweaking on LSD no biggie
to be fair this accurately represents my mental state
election day psychosis coming in hot (fordham)
usc pls pull through .....
i literally just need one A so i can relax before my ED decision
WorthlessAttractiveZombie
9:38
oh that's right USC might release
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