excess demand

Popular Terms
Excess of the quantity demanded of a good or service, at a given price, over its supply at that price. Excess demand usually spurs the price higher.

Use 'excess demand' in a Sentence

The excess demand for our product was experienced because we could not take the risk of excess supply occurring to us.
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Because so many people are in need of the products that I am selling, I can mark the price higher due to the excess demand.
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New Apple products always have excess demand; people stand in line outside in hopes of purchasing the overpriced product before it sells out.
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