Just a few years ago, the buzzword associated with the market for veterinarians was "oversupply"—there were too many veterinarians for the number of pet owners seeking veterinary care, many people in the profession asserted. Others countered that, strictly speaking, there wasn't an oversupply (since veterinary unemployment was negligible) but rather "excess capacity"—a certain percentage of veterinarians' ability to provide services was going unused.
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