What does excess supply mean?
Definitions for excess supply
ex·cess sup·p·ly
This dictionary definitions page includes all the possible meanings, example usage and translations of the word excess supply.
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Wikipedia
Excess supply
In economics, an excess supply or economic 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 quantity that potential buyers are willing to buy at the prevailing price. It is the opposite of an economic shortage (excess demand). In cultural evolution, agricultural surplus in the Neolithic period is theorized to have produced a greater division of labor, resulting in social stratification and class.
Wikidata
Excess supply
In economics, an excess supply or economic 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 quantity that potential buyers are willing to buy at the prevailing price. It is the opposite of an economic shortage. In cultural evolution, agricultural surplus in the Neolithic period is theorized to have produced a greater division of labor, resulting in social stratification and class.
Numerology
Chaldean Numerology
The numerical value of excess supply in Chaldean Numerology is: 8
Pythagorean Numerology
The numerical value of excess supply in Pythagorean Numerology is: 4
Examples of excess supply in a Sentence
The upside potential for commodity prices and commodity-related stocks is limited as there is still a lot of excess supply of commodities. It's not a good time to increase your exposure to the sector.
The BOJ is running out of monetary policy firepower, so it was not a surprise to see that there is no change to the policy this week, also, China's industrial output figures at the weekend showed contraction yet again and underscore the weakness in demand from the world's second largest economy. There is still a soft demand coupled with an excess supply story in the commodities spectrum.
The BOJ is running out of monetary policy firepower so it was not a surprise to see that there is no change to the policy this week, also, China's industrial output figures at the weekend showed contraction yet again and underscore the weakness in demand from the world's second largest economy. There is still a soft demand coupled with (an) excess supply story in the commodities spectrum.
Chief Executive Officer Takahiro Hachigo:
Given these circumstances, when you think about increasing production capacity, we have to be extra careful because in some parts of China there's already excess supply.
Commodities Minister Douglas Uggah Embas:
The target is to use 10 percent of Malaysia's rubber for this purpose, we hope the excess supply of rubber will be drastically reduced ... and help reduce pressure on prices.
Translations for excess supply
From our Multilingual Translation Dictionary
- overskytende forsyningNorwegian
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"excess supply." Definitions.net. STANDS4 LLC, 2024. Web. 28 Apr. 2024. <https://www.definitions.net/definition/excess+supply>.
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