| − | The supply of a [[Widget|widget]] at a given price, is how many (or how much) of that widget people will want to sell. If supply excedes [[Demand|demand]] at that price, there will be an [[Oversupply|oversupply]]. If demand excedes supply, there will be a shortage. | + | The supply of a [[Widget|widget]] at a given price, is how many (or how much) of that widget people will want to sell. If supply exceeds [[Demand|demand]] at that price, there will be an [[Oversupply|oversupply]]. If demand exceeds supply, there will be a shortage. |