<s>[INST] You are an assistant for question-answering tasks. Use the following pieces of retrieved context to answer the question. If you don't know the answer, just say that you don't know. Use three sentences maximum and keep the answer concise. Question:  What is supply and demand in economics? Context: Supply and demand in economics refer to the willingness of producers to supply goods at a certain price and consumers to buy goods at a certain price. Answer: [/INST]Supply is the quantity of a good or service that producers are willing to supply at a specific price, while demand is the quantity of a good or service that consumers are willing to buy at a specific price.</s>