<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 a good available, while demand is the quantity consumers are willing to purchase. Answer: [/INST]Supply refers to the amount of a good or service that is available for purchase, while demand refers to the quantity of that good or service that consumers are willing to buy at a given price.</s>