Home
Class 11
ECONOMICS
When do we say there is excess supply fo...

When do we say there is excess supply for a commodity in the market?

Text Solution

Verified by Experts

When at a given price, the quantity supplied of a product exceeds its quantity demanded, there is an excess supply for the commodity.
Promotional Banner

Topper's Solved these Questions

  • PRICE DETERMINATION

    RADHA BHUGANA|Exercise VSATQ|15 Videos

  • PRICE DETERMINATION

    RADHA BHUGANA|Exercise SATQ|12 Videos

  • PRICE DETERMINATION

    RADHA BHUGANA|Exercise VALUE BASED QUESTIONS|3 Videos

  • INTRODUCTION

    RADHA BHUGANA|Exercise Unsolved Numericals|4 Videos

  • PRODUCER BEHAVIOUR AND SUPPLY

    RADHA BHUGANA|Exercise LET US RECAPITULATE|1 Videos

Similar Questions

Explore conceptually related problems

When do we say that work is done ?