YES
excess supply in the market for bananas
We had an excess supply of bread.
Increase the price
Chemical bonds are broken to supply us with energy. Without bonds, and our ability to break them, the food we eat would not supply us with energy.
How did the U.S. prepare for world war 1 in mobilization, industires, and food supply
Excess demand (a seller's market) means the product is in short supply and prices will rise. Excess supply (buyer's market) means too much product as compared to demand and therefore prices will fall.
When there is an abundance of starchy food, the body stores excess glucose as glycogen in the liver and muscles for later use as energy. If these stores are full, excess glucose can be converted into fat for long-term energy storage.
If the minimum wage is raised, more people who are not currently working will be willing to work for that wage, increasing the supply of workers. Also tend to hire less employees at higher wages, causing a lessening of demand. The combination of less demand are more supply could cause an excess supply of workers at minimum wage jobs, which tend to be unskilled.
it affect us in many ways like our lives and food supply
No, you see the amount of food needed to supply not only the US but the world is huge. The US is already importing the majority of its food since it can't produce enough food to supply its own people.
Excess demand is easily eliminated by market forces. If either the price or the supply goes up, demand will decrease exponentially.
Excess supply occurs when, at a given time, the equilibrium price of the market is less than the price that the goods are supplied at.