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Discover LudwigExact(8)
Prices that are not rigid for some institutional reason will move in response to excess demands and excess supplies.
More precisely, the law asserted that the sum of all excess supplies, evaluated at market prices, must be identically equal to the sum of the market values of all excess demands.
-"While not an indicator of deception in itself, the person who chooses a symbolic signature normally does so because of excess demands for his signature (salesperson, department head, politician, and celebrity)," Mr. Baggett wrote.
He maintained that there can be conditions under which excess demands (or supplies) will not be "effectively" communicated so that, although certain prices are at disequilibrium levels, no process of bidding them away from these inappropriate levels will get started.
In order to avoid capacity-demand mismatches, operations managers employ mix-flexible resources which allow them to shift excess demands to unused capacities.
The results validate the current approach by demonstrating that in the first sample year (2001), OECD markets record positive excess demand, but thereafter negative excess demands are exhibited.
Similar(52)
The good in excess demand might, for instance, be money.
An excess demand for money is associated with falling income.
The excess demand for commodities is not effective.
The company has an option to sell an additional 750,000 shares to meet excess demand.
So excess demand will create inflationary shortages, unless the Fed's higher rates reduce the steam.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com