0
In all markets and industries, it is important to ensure an adequate supply of products in circulation. This is so that supply is able to meet the demands of customers.
Wiki User
∙ 9y ago
Add your answer:
Earn +20 pts
What is the Importance of equilibrium price and quantity?
The importance of equilibrium price and quantity is that it creates a point where there is no pressure on the market to shift supply or demand. Suppliers supply exactly the quantity demanded.
Importance of elasticity of demand and supply?
exploitation of monopoly power in market-the extent to which a firm or firm with monopoly power can raise price in market to extract consumer surplus and it into extraprofit
HOW EXCESS SUPPLY IN THE MARKET FOR BANANAS?
excess supply in the market for bananas
What is difference between individual supply curve and market supply curve?
The difference between individual supply curve and the market supply curve is tat individual supply curve is like a firm. To be able to get the market supply curve you have to have the individual supply curve.
How is a market supply curve similar to and different from an individual supply curve?
how is a market supply curve similar to and diffrent from an individual supply curve
What is the Importance of equilibrium price and quantity?
The importance of equilibrium price and quantity is that it creates a point where there is no pressure on the market to shift supply or demand. Suppliers supply exactly the quantity demanded.
Importance of elasticity of demand and supply?
exploitation of monopoly power in market-the extent to which a firm or firm with monopoly power can raise price in market to extract consumer surplus and it into extraprofit
HOW EXCESS SUPPLY IN THE MARKET FOR BANANAS?
excess supply in the market for bananas
What importance does market place put on manager?
What importance does market place put on manager?
What is difference between individual supply curve and market supply curve?
The difference between individual supply curve and the market supply curve is tat individual supply curve is like a firm. To be able to get the market supply curve you have to have the individual supply curve.
How is a market supply curve similar to and different from an individual supply curve?
how is a market supply curve similar to and diffrent from an individual supply curve
How do a supply curve and a market supply curve differ?
A supply curve is a graph showing each and every price in that market, where as a Market supply curve shows the prices by all firms that offer the product for sale in a given market.
Describe the importance of market research and feasibility study in property development?
why importance share market
Do market and supply curves have negative slopes?
Do market supply curves have negative slopes
In economics Market supply schedule shows?
market supply is the sum of the supplies of all sellers.
What are the forms of supply?
Types of supply :---- 1. Individual supply 2. Market supply
What is the difference between individual supply and market supply?
One says individual and the other says market!
