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Market disequilibrium is market conditions yielding surplus or shortage: a market state in which the forces of demand and supply are not balanced, leading to price fluctuations that reflect a shortage or a surplus of a product or commodity.
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Which two important economic activities in the west are possible because of the United State natural resources?
manufacturing ad commerce
What are the two states of disequilibrium?
The two states of disequilibrium are shortages and surpluses. A shortage is caused by excess demand that drives prices up; in other words there is not enough supply to meet demands until other suppliers see the high prices and try to get some of that money too, and then competition drives prices to a lower equilibrium price. A surplus is when an excess in supply leads to a decrease of price which leads to an increase of demand until an equilibrium is reached; there is more than enough supply to meet demand, in other words.
Classification of economic resources?
there are two types of economic resources: a. Property resources b. human resources
What are two countries that have a command economic?
the two countries are the US. and Saudi Arabia.
What are Montana's economic activities?
Two of them are mining and forestry.
How many possible outcomes are there using two dice?
There are 36 possible outcomes: 6 for each die.
What is the definition of counting principal?
Counting Principle is used to find the number of possible outcomes. It states that if an event has m possible outcomes and another independent event has n possible outcomes, then there are mn possible outcomes for the two events together.
Two dice are rolled. How many outcomes are possible?
The possible outcomes of a single dice is 6 ( 1,2,3,4,5, 6). If two such dice are rolled the possible outcomes are 6 multiplied by 6, that is 36 outcomes. ((1,1),(1,2)...(2,1),(2,2).....(6,4),(6,5),(6,6))
How many outcomes are possible when two dice are rolled.?
36 possible outcomes, assuming replications (ie: rolling a 6 and a 1, rolling a 1 and a 6; counted as two separate outcomes.)
How many possible outcomes are there when flipping a coin 11 times?
Two possible outcomes for each flip. 2,048 possible histories of 11 flips.
If you flip a coin once what is the set of possible outcomes for this?
enless you include it landing on it's side the two possible outcomes for this are: Heads and Tails
Two coins are tossed and a six sided die is rolled how many outcomes?
24 possible outcomes.
What are three possible outcomes to a two system equation?
THREE
What is the probability of getting at least 2 heads in three flips of a fair coin?
In three flips of a fair coin, there are a total of 8 possible outcomes: T, T, T; T, T, H; T, H, T; T, H, H; H, H, H; H, H, T; H, T, H; H, T, T Of the possible outcomes, four of them (half) contain at least two heads, as can be seen by inspection. Note: In flipping a coin, there are two possible outcomes at each flipping event. The number of possible outcomes expands as a function of the number of times the coin is flipped. One flip, two possible outcomes. Two flips, four possible outcomes. Three flips, eight possible outcomes. Four flips, sixteen possible outcomes. It appears that the number of possible outcomes is a power of the number of possible outcomes, which is two. 21 = 2, 22 = 4, 23 = 8, 24 = 16, .... Looks like a pattern developing there. Welcome to this variant of permutations.
How many possible outcomes are there when you roll two number cubes and toss one coin?
There are 6*6*2 = 72 possible outcomes.
What is the word for when all outcomes are equally likely it is the ratio of the number of favorable outcomes to the number of possible outcomes it mus be in two words?
fifty-fifty
How many possible outcomes sum of dots are there if you throw the two dice on the board?
The sum can be any number from 2 to 12.That's 11 possible outcomes.
