The Law Dictionary

Featuring Black’s Law Dictionary Free Online Legal Dictionary 2nd Ed.

What is EXCESS QUANTITY SUPPLIED

A condition where sellers have more quantity at a specific price than buyers will buy. This causes a surplus. Typically the price of the goods is higher than the equilibrium price where the buyer buys at the price the seller sells. Contrast to excess quantity demanded.

Share on facebook
Facebook
Share on twitter
Twitter

Disclaimer

Nothing implied or stated on this page should be construed to be legal, tax, or professional advice. The Law Dictionary is not a law firm and this page should not be interpreted as creating an attorney-client or legal adviser relationship. For questions regarding your specific situation, please consult a qualified attorney.