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Keyword: excess demand


Excess Demand Blues - Scalpers profit from ticket shortage (2/23/2004)

Excess demand generated by low concert ticket price created profitable opportunity for scalpers.

Keywords: black market, concert, excess demand, market clearing, scalper, scalping, shortage, ticket price

Supply and demand (11/2/2011)

Market prices and quantities supplied and demanded are determined by the interactions between supply and demand.

Keywords: demand, demand shift, excess demand, excess supply, price determination, shortage, supply, supply shift, surplus

Supply and demand (transcript) (3/27/2007)

Narrated lecture on supply and demand curves and price determination under free market.

Keywords: demand, excess demand, excess supply, quantity demanded, quantity supplied, shortage, supply, surplus