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LSDefine

Simple English definitions for legal terms

supply

Read a random definition: interpel

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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THATS SO FUNNY
i cant i would go crazy
JumpySubsequentDolphin
20:50
i need to know who decided to do that.
JumpySubsequentDolphin
20:50
omg im on a plane weeeee
the devil
youre on a plane??? LSD made the mile high club??
20:50
yo splitterus are you in school already
20:50
it says ur c/o 2027
JumpySubsequentDolphin
20:51
@SplitterusClitterus: HAHAH yes
ur user is hilarioussss and no i just graduated this may and am now applying ---also im out of messages so ill take a lil
20:52
roger dat. see u in heck
im back, r u applying this cycle too
JumpySubsequentDolphin
21:32
this child fell asleep on me
JumpySubsequentDolphin
21:32
im so uncomfortable
just push him off the entire seat
JumpySubsequentDolphin
21:34
LMAOOOO
JumpySubsequentDolphin
21:35
no he’s literally like 8 and he fully just put his head on my bicep and slept
JumpySubsequentDolphin
21:35
he has since moved
22:12
@SplitterusClitterus: me yesterday
gulc baby pls text me back... i miss you ...... :(
22:23
i just went into a discord vc and yelled "YALL I JUST GOT INTO J.M. SCHOOL OF LAW"
22:24
people were getting excited :sob:
22:25
then someone was like "what does jm stand for" and i was like .. well
AHHAHAHAHAHAHHAHAHAHAHAHAH
@JumpySubsequentDolphin: wait this is so cute, also where r u going
JOE MBIDEN
JumpySubsequentDolphin
22:39
@splitty Oregon!
oh yay for what thats so random
JumpySubsequentDolphin
22:45
haha my brother and sister in law live there
so cutie oregon is beatiful
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