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When Quantity Supplied Exceeds Quantity Demanded at the Current Market

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When quantity supplied exceeds quantity demanded at the current market price, the market has a surplus, and market price will likely rise in the future to eliminate the surplus.


Definitions:

Orlon

A synthetic fiber known for its strength and resistance to weathering, often used in clothing and home furnishings.

Kevlar

A strong synthetic fiber known for its high tensile strength and thermal stability, used in body armor and various applications.

Poly(isobutylene)

Poly(isobutylene) is a polymer made from the monomer isobutylene, used in the manufacture of inner tubes, adhesives, and sealants.

Cationic Polymerization

A type of chain growth polymerization where the active center of the polymer is a cation.

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