excess demand

British  

noun

1. economics a situation in which the market demand for a commodity is greater than its market supply, thus causing its market price to rise

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Example Sentences

If everyone can park for free, the result is excess demand and congestion.

From Scientific American

Systemwide staffing shortages, however, leave the small parks ill-equipped to pick up that excess demand, Brengel said.

From Seattle Times

The current available supply of veterinarians varies across the U.S., with rural and farm animal veterinary medicine most typically facing a labor shortage and excess demand, Mr. San Filippo noted.

From Washington Times

“Traffic congestion arises because there’s excess demand and scarce road space.”

From Los Angeles Times

For advanced economies, pro-growth reforms that target the supply side could guard against persistent inflationary risks caused by excess demand pressures.

From Reuters