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What causes an increase in supply?
An increase in prices --Danny R. (St. Petersburg, FL)
When demand exceeds supply are there any instances where prices wouldn't be raised?
When demand exceeds supply, prices will usually increase. However, prices may not increase if the sellers are non-profit organizations.
Using the demand and supply analysis try to describe the recent increase in wheat prices worldwide?
demand and supply analysis try to describe the recent increase in wheat prices worldwide
What happens to prices if the supply is high?
The price will skyrocket, increase, go up.
When will gas prices increase?
Gas prices increase when the demand increases compared to the supply, or when the cost of oil increases (due to demand, or if raised arbitrarily by the producers).
What can happen to prices in a competitive market when demand increases as supply remains the same?
increase in prices
If a supply-demand curve were applied to basic resources?
Their prices would increase.
If a supply-demand curve were applied to basic resource?
Their prices would increase.
What does an increase in supply of an item usually mean for a consumer?
lots of supply and low demand = lower prices lots of demand and low supply = higher prices demand and supply high = normal prices demand and supply low = normal prices
If there is an increase in the money supply that causes prices to rise and leads to inflation what happens to money?
If there is a increase in money supply that is causing price to rise money only does one thing. The money that is taking is used for supply.
What if there is an increase in the money supply that causes prices to rise and leads to inflation what happens to money?
If there is a increase in money supply that is causing price to rise money only does one thing. The money that is taking is used for supply.
If there an increase in the money supply that causes prices to rise and leads to inflation what happens to money?
If there is a increase in money supply that is causing price to rise money only does one thing. The money that is taking is used for supply.
