<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 is the amount of goods producers offer at varying prices, while demand is the amount of goods consumers are willing to buy at various prices in economics. Answer: [/INST]Supply refers to the amount of a good or service that producers are willing to offer for sale at different prices, while demand refers to the amount of a good or service that consumers are willing and able to buy at different prices.</s>