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Supply and demand are in equilibrium. As the supply increases the price will drop and the demand will increase to match. This is exactly how we want it: more so
by infogulch 11y ago
Supply and demand are in equilibrium. As the supply increases the price will drop and the demand will increase to match. This is exactly how we want it: more solar panels sooner for cheaper.
While that's what we want from an ecological perspective, this price drop will also drop the manufacturer's profits (possibly down to a loss), and from their perspective it really is an "oversupply".
- deleted 11y ago[deleted]
- meric 11y agoIt means for supply to continue to expand while maintaining equilibrium, manufacturers must continue to lower its costs, year after year relentlessly. The oversupply is a hint some of them are having trouble doing just that.