Demand minus supply. Thus a country's demand for imports of a homogeneous good is its excess demand for that good.
Related information about excess demand:
- excess demand - The Free Dictionary
(Economics) Economics a situation in which the market demand for a commodity is greater than its market supply, thus causing its market price to rise. Want to ...
- What is excess demand? definition and meaning
Definition of excess demand: Excess of the quantity demanded of a good or service, at a given price, over its supply at that price. Excess demand usually spurs ...
- Economics Basics: Supply and Demand | Investopedia
Excess demand is created when price is set below the equilibrium price. Because the price is so low, too many consumers want the good while producers are ...
- Economic shortage - Wikipedia, the free encyclopedia
Specifically, a shortage occurs when there is excess demand; therefore, it is the opposite of a surplus. Economic shortages are related to price—when the price ...
- excess demand on graph - YouTube
Oct 5, 2009 ... excess demand on graph. oestreichwhs. Subscribe Subscribed Unsubscribe. Loading icon Loading... 11 videos. Loading... Alert icon ...
- Excess demand - AmosWEB
A disequilibrium condition in a competitive market in which the quantity demanded is greater than the quantity supplied. Excess demand is another way to say ...
- Excess demand | Define Excess demand at Dictionary.com
excess demand. —n. economics a situation in which the market demand for a commodity is greater than its market supply, thus causing its market price to rise ...
- Market Excess Demand Functions - JStor
polynomial function can be generated as an excess demand function for a ... THE CONCEPT of a market excess demand function occupies a central role in the ...