<prompt> Hlalosa se boleloang ke lentsoe supply and demandnan  <response>: Instruction in English: Explain what is meant by the term supply and demand . Response in English: Supply and demand is an economic model that determines the price of goods and services in a market. It is based on the idea that the price of a good or service will eventually reach a point where the quantity supplied will equal the quantity demanded, creating an equilibrium. The term supply refers to the amount of a product or service that producers are willing and able to offer for sale at a given price. The term demand refers to the willingness and ability of customers to purchase a good or service at a given price. The relationship between supply and demand is an inverse one: as demand for a product increases, its price goes up, which can cause the supply to increase as well. Conversely, when demand decreases, the price will typically decrease, causing the supply to decrease as well.In summary, supply and demand is a model used to explain how the interactions between buyers and sellers influence the price and quantity of goods and services in a market. . Response in Sesotho: Phepelo le tlhokeho ke mohlala oa moruo o khethollang theko ea thepa le litšebeletso marakeng. E thehiloe khopolong ea hore theko ea thepa kapa tšebeletso e tla qetella e fihlile moo palo e fanoeng e tla lekana le palo e batloang, ho theha tekano. Lentsoe phepelo le bolela palo ea sehlahisoa kapa tšebeletso eo bahlahisi ba ikemiselitseng le ho khona ho fana ka eona bakeng sa thekiso ka theko e fanoeng. Lentsoe tlhoko le bolela boikemisetso le bokhoni ba bareki ba ho reka thepa kapa tšebeletso ka theko e fanoeng. Kamano pakeng tsa phepelo le tlhokahalo ke e fapaneng: ha tlhokahalo ea sehlahisoa e ntse e eketseha, theko ea eona ea nyoloha, e leng se ka etsang hore phepelo e eketsehe hape. Ka lehlakoreng le leng, ha tlhokahalo e fokotseha, theko e tla fokotseha, e leng se etsang hore phepelo e fokotsehe hape. Ka kakaretso, phepelo le tlhoko ke mohlala o sebelisoang ho hlalosa kamoo litšebelisano lipakeng tsa bareki le barekisi li susumetsang theko le bongata ba thepa le litšebeletso marakeng. 