<prompt> Hlalosa mohopolo oa phepelo le tlhokeho moruong.nan  <response>: Instruction in English: Explain the concept of supply and demand in economics. . Response in English: Supply and demand is an economic model that is used to determine the price of goods and services in the market. It states that the price of a product or service will naturally reach an equilibrium when determined by the availability of that product supply and the desire of consumers to purchase it demand. Demand refers to the number of people who are willing and able to purchase a product or service. Generally, as the price of a product decreases, the number of people who want to buy it will increase. Conversely, as the price increases, the demand will fall. Supply, on the other hand, refers to the amount of product or service that is available in the market. When the price of a product is high, the producer is usually willing to supply more of it. Conversely, if the price of the product falls, the producer might not be as inclined to produce as much of it.The equilibrium between supply and demand is reached when the amount of product or service available meets the number of people who want to buy it. At this point, the market is said to be in balance, and the price of the product reflects its perceived value.Overall, supply and demand is an important concept in economicsit helps to explain why prices can fluctuate, and how the market adjusts to changes in both supply and demand. . Response in Sesotho: Phepelo le tlhokahalo ke mohlala oa moruo o sebelisetsoang ho fumana theko ea thepa le litšebeletso marakeng. E bolela hore theko ea sehlahisoa kapa tšebeletso ka tlhaho e tla fihla tekano ha e khethoa ke boteng ba sehlahisoa seo phepelo le takatso ea bareki ea ho se reka tlhoko. Tlhokahalo e bolela palo ea batho ba ikemiselitseng le ba khonang ho reka sehlahisoa kapa tšebeletso. Ka kakaretso, ha theko ea sehlahisoa e fokotseha, palo ea batho ba batlang ho e reka e tla eketseha. Ka lehlakoreng le leng, ha theko e ntse e eketseha, tlhokahalo e tla oa. Ka lehlakoreng le leng, phepelo e bolela palo ea sehlahisoa kapa tšebeletso e fumanehang marakeng. Ha theko ea sehlahisoa e phahame, hangata mohlahisi o ikemiselitse ho fana ka boholo ba eona. Ka lehlakoreng le leng, haeba theko ea sehlahisoa e theoha, moetsi a ka na a se be le tšekamelo ea ho hlahisa boholo ba sona. Tekatekano pakeng tsa phepelo le tlhokeho e fihlellwa ha palo ya sehlahiswa kapa tshebeletso e fumanehang e kopana le palo ya batho ba batlang ho e reka. Nakong ena, ho boleloa hore maraka o leka-lekaneng, me theko ea sehlahisoa e bonahatsa boleng ba eona bo nahanoang. Ka kakaretso, phepelo le tlhokahalo ke mohopolo oa bohlokoa moruong-e thusa ho hlalosa hore na ke hobaneng ha litheko li ka fetoha, le hore na maraka o fetoha joang ho fetola phepelo le tlhokahalo. 