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With no subsequent change in demand, you can expect prices to drop.
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∙ 14y ago
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What is sudden drop in the supply of a good called?
supply shock
What is the difference between supply function and supply curve?
supply function can be defined as the quantity of a good.
What goods the example of unitary elasticity supply?
Unit elastic supply basically means that if price of a good rises, the supply of that good will rise an equal amount. A good example of his would be tomatoes.
When any effort by government causes the supply of a good to rise what happens to the supply curve for that good?
It shifts to the right.
What happens to the supply curve for that good when any effort by government causes the supply of a good to rise?
It shifts to the right.
When the number of producers in particular industries increases you can expect supply to?
increase
When the number of producers in a particular industry increases you can expect supply to?
Increase
Did the England expect of its new world colonies?
A constant supply of raw materials
What should a person expect when they go into a tractor supply store?
When going int o a tractor supply store, one should expect a wide range of products for a wide range of brands. Otherwise, it would be necessary to purchase directly from the manufacturer.
What is a sentence with the word expect in it?
She did not expect much.When can we expect him to be over?I expect you to get a good grade.
What is sudden drop in the supply of a good?
supply shock
What does a supply schedule is characterized by which?
It lists supply for a specific good.
What is sudden drop in the supply of a good called?
supply shock
What is the difference between supply function and supply curve?
supply function can be defined as the quantity of a good.
What is your personalities?
be a good person for others, never expect much from others,but never hurt those who expect from you...... in this way you can be a good person
What goods the example of unitary elasticity supply?
Unit elastic supply basically means that if price of a good rises, the supply of that good will rise an equal amount. A good example of his would be tomatoes.
When any effort by government causes the supply of a good to rise what happens to the supply curve for that good?
It shifts to the right.
