Difference between revisions of "Oversupply"

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'''Oversupply''' occurs when a [[Supply|supply]] of a product, type of goods, or service at a given price exceeds [[Demand|demand]].  Oversupply tends to drive the price of the product down.
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'''Oversupply''' occurs when a [[supply]] of a product, type of goods, or service at a given price exceeds [[demand]].  Oversupply tends to drive the price of the product down.
  
 
[[Category:Economics]]
 
[[Category:Economics]]

Latest revision as of 17:06, July 13, 2016

Oversupply occurs when a supply of a product, type of goods, or service at a given price exceeds demand. Oversupply tends to drive the price of the product down.