Excess supply

 

 

 

Excess supply

 

Glossary of business

 

Definition of excess supply

 

Excess supply is where producers are prepared to sell more than consumers are willing to buy. In other words supply is greater than demand. This excess supply will drive the equilibrium market price down until demand is equal to supply again and there is once again an equilibrium price.

 

Source : http://business-tes.wikispaces.com/file/view/Glossary.doc

link: http://business-tes.wikispaces.com/

Author : not indicated on the source document of the above text

 

Terminology about business

 

Job world

 

 

Definition and meaning of excess supply

 

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Meaning of excess supply

 

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What does excess supply mean ?

 

 

 

 

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