Predation has been shown to either increase or decrease the body mass of fish, as well as cause variable changes in growth rate. The mechanisms underlying these contrasting responses are not well understood. Here we compared intraspecific body size and growth responses to predation against a backdrop of 2006 estimates of asymptotic mass and growth constants (i.e., von Bertalanffy parameters) across species. We show that intraspecific responses can be quite large relative to interspecific variation and confirm that the magnitude and direction of body size responses is variable. We then employed the supply–demand (SD) model of body mass evolution to explore how predator-induced changes in resource demand or supply could alter body mass. The SD model predicts that any combination of increasing or decreasing body mass and increasing or decreasing growth rate is possible when predation risk is increased, which is consistent with the literature. Finally, we use three case studies to illustrate how the interplay of resource supply and resource demand determines the actual body mass and growth rate response to predation.