excess demand
noun[U]
ukusECONOMICS
asituationin whichcustomerswantmore of aproductorservicethan isavailable:
excess demand for sthWhen there isexcessdemandforhousing,housepricesrisequickly.
Examplesofexcess demand
excess demand
In some cases, popular bars and clubs have a substantialexcessdemand; patrons are lined up outside the club waiting to get in.
From
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Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.Prices are raised for goods withexcessdemand.
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.Especially in freight operations,excessdemandoften caused delays.
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.In most cases the first derivative ofexcessdemandwith respect to price is negative, meaning that a higher price leads to lowerexcessdemand.
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Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.But what if theexcessdemandis for "money", because people are hoarding it?
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Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.He argued that during a general glut, there is insufficient demand for all non-monetary commodities andexcessdemandfor money.
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Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.Food was grown and caught locally as part of the dig for victory programme and the black-market was able to supply allexcessdemand.
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Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.If short run aggregate demand exceeds long run aggregate supply, then theexcessdemandfor goods must be met via the over-employment of resources.
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.It states that theexcessdemandfunction for an economy is not restricted by the usual rationality restrictions on individual demands in the economy.
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Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.Even with artificial stimulus to demand you wouldnt see anyexcessdemand.
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.
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