The corresponding price is the equilibrium price or market-clearing price, the quantity is the equilibrium quantity. Surplus and shortage: If the market price is above the equilibrium price, quantity supplied is greater than quantity demanded, creating a surplus. Market price will fall. Example: if you are the producer, you have a lot of excess inventory that cannot sell.
2 meanings of SAP acronym and SAP abbreviation in Finance. Get the definition of SAP in Finance by All Acronyms dictionary. Top Definition: Statutory Accounting Principles In Finance.
Best Answer: SAP means Systems, Applications and Products in data processing. SAP is the third largest software company in the world. SAP is the largest business application and Enterprise Resource Planning (ERP) solution software provider in terms of revenue. SAP's products focus on ERP, which it helped to pioneer.