For the opposite, see excess demand. In economics, excess supply (also called surplus) is a situation in which the quantity of a good or service supplied is more than the quantity demanded, and the price is above the equilibrium level determined by supply and demand. That is, the quantity of the product that producers wish to sell exceeds the quan...
Found on
http://en.wikipedia.org/wiki/Excess_supply
Supply minus demand. Thus a country's supply of exports of a homogeneous good is its excess supply of that good.
Found on
http://www-personal.umich.edu/~alandear/glossary/e.html
Producers are prepared to sell more than consumers are willing to buy.
Found on
http://www.encyclo.co.uk/local/20140
No exact match found.
