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Excess Demand
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∙ 10y ago
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What is a sudden lack of availability?
Excess Demand.
What effect does the availability of many good substitutes have on the elasticity of demand for a good?
Demand is elastic
What is sudden drop in the supply of a good called?
supply shock
How is the economy affecting the availability of home mortgages?
Due to the market crash in the late 2008's, banks closed up the gap for easy mortgage availability. You must have a good credit score and be approved by the bank to receive the loan.
Factors of Elasticity of demand?
1- Availability of substitutes 2- Amount of income available to spend on the good 3- Time
What is a sudden lack of availability?
Excess Demand.
What is a sudden lack of goods?
supply shock
What are the advantage and disadvantage of a partnership?
*availability of large resousces *better decisions *unlimited liability *lack of harmony *availability of large resousces *better decisions *unlimited liability *lack of harmony
What is A sudden lack of goods available?
supply shock
What is a good sentence with sudden?
I was startled by a sudden noise.
What is the specific reason for muscle cramps that are caused due to the sudden physical exercise?
due to lack of oxygen
What causes sudden weight loss?
Lack of nutrition, medical conditions and medications, etc.
Why is mumbai so densely populated?
-availability of water is good. -climate is moderate. -it is an urban area. -job availability is very good.
Where can I find cheap car chargers?
Garage sales and flea markets will give you good deals on car chargers due to the lack of guarantees and availability. For more money and better service you can look at ebay.
What is a good sentence with the word sudden?
All of a sudden a wild badger attacked me.
What is the means for lost to room availability in hotel room inventory?
Lack of rentability because of housekeeping or maintenance problems.
What is the definition of scarcity?
Scarcity is the lack of availability of something. ie. petrol oppurtunity cost is the next best alternative
