Bloomberg Commodity Index Futures Quotes Globex. Market data is delayed by at least 10 minutes. All market data contained within the CME Group website should be considered as a reference only and should not be used as validation against, nor as a complement to, real-time market data feeds.
A 2014 image of product shortages in Venezuela. In economics, a shortage or excess demand is a situation in which the demand for a product or service exceeds its supply in a market. It is the opposite of an excess supply (surplus).
Report Abuse. Price ceiling (maximum) can result in a shortage because the price may be artificially low. Market demand is the overall demand for a product or service. It doesn't really change in terms of volume but it will if the price is too low or too high.rice ceiling (maximum) can result in a shortage because the price may be artificially low. Market demand is the overall demand for a product or service.