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Argentina-Spanish / US-English. Maybe the main diference is that a Provider may be : a member of a family whose wages supply its livelihood and a Supplier : is someone that satisfy the needs or wishes of a person, company, etc. Dec 16, 2005.
Demand is from the consumer's perspective while supply is from the producer's. Supply in economics is defined as the producer's willingness and ability to supply a given good at various price points, holding all else constant. An increase in price will increase producer's revenues, thus they are willing to supply more; a decrease in price will reduce revenues, therefore producers will supply less.