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.
What is SAP | Learn About SAP. 1  The name SAP is acronym for Systems, Applications and Products in Data Processing. SAP is an extremely complicated system where no one individual can understand all of it.  SAP runs on a fourth generation programming language language called Advance Business Application Programming (ABAP).