Keyword: excess supply

Roemer's Law of Demand (9/7/2005)

Supply may induce its own demand where a third party practically guarantees reimbursement of usage.

Keywords: capacity, excess supply, hospitals, market demand, medical services, Medicare, Roemer's law, supply-induced demand, supply-sensitive care, utilization

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