excess supply
noun[U]
ukusECONOMICS
asituationin which there is more of aproductorserviceavailablethancustomerswanttobuy:
Theyforecastthat theworldwill have anexcesssupplyof 365 millionbarrelsofoilin the threemonthstoJune.
Examplesofexcess supply
excess supply
A similar mechanism is believed to operate when there is a market surplus (glut), where prices fall to end theexcesssupply.
From
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Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.Instead, prices are lowered for goods with positive prices andexcesssupply.
FromThis example is from Wikipedia and may be reused under a CC BY-SA license.
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.The lack of demand and theexcesssupplyof houses precipitated a sharp fall in real prices.
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Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.The resultingexcesssupply, however, forces farmers to reduce their prices and sell at a loss.
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Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.This creates anexcesssupplyfor all products, a general glut.
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Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.In this case there is anexcesssupply, with the quantity supplied exceeding that demanded.
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Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.Thisexcesssupplyof home inventory places significant downward pressure on prices.
FromThis example is from Wikipedia and may be reused under a CC BY-SA license.
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.At rr, credit is too expensive, as the interest rate is effectively the price of credit, and there is a resultingexcesssupplyof credit.
FromThis example is from Wikipedia and may be reused under a CC BY-SA license.
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.A negative excess demand is synonymous with anexcesssupply, in which case there will be an economic surplus of the good or resource.
FromThis example is from Wikipedia and may be reused under a CC BY-SA license.
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.A product'sexcesssupplyfunction is the negative of the excess demand function -- it is the product's supply function minus its demand function.
FromThis example is from Wikipedia and may be reused under a CC BY-SA license.
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors.