0
When a business has complete control of the supple of a product it has a?
Wiki User
∙ 11y ago
monopoly
Wiki User
∙ 11y ago
Add your answer:
Earn +20 pts
How can excess supply in a goods market be eliminated by market forces?
This is very straighforward. An excess supply of a good implies that inventories have risen to a level higher than producers want to keep. When this happens, the producer(s) have two choices to bring inventory back into line. They can reduce the amount that they produce to a level below the level of sales until such time as the amount of excess inventory is corrected, or, alternatively, they can reduce their selling price in order to induce an increase in sales above their production rate so that the excess inventory is liquidated. In a market where there are many producers, some will choose one method while others will choose the other, while some may choose a combination of both. What is important to keep in mind is that not all producers may have the same "cost of production." The reduction in the selling price will make it unprofitable for some producers to remain in business. They can then choose to subsidize the losses in the hope that prices will return to the former level, or they can attempt to reduce their production costs by becoming more efficient. Those producers that can not achieve a reduction in cost and cannot subsidize their losses eventually will be forced to go out of business. At that point, supple and demand will again be in equilibrium.
What is Karl Marx economic concept?
Marxist ConceptsCertain concepts are key to an understanding of Marxism, a political theory that has caused the tremendous loss of life for 100 years. Key Marxist concepts are diametrically the opposite to capitalism and some believe have created a mentality of a society that is very much a 'them and us' one. Marxism believes that capitalism can only thrive on the exploitation of the working class. Marxism believes that there was a real contradiction between human nature and the way that we must work in a capitalist society. Marxism has a dialectic approach to life in that everything has two sides. Marxism believes that capitalism is not only an economic system but is also a political system. The profit difference between what goods are sold for and what they actually cost to make, Marxism refers to as a "surplus profit". Marxism believes that economic conflict produces class (rich, middle and poor) and inherently class produces conflict. A Marxist analysis called 'Polarisation of the Classes' describes the historical process of the class structure becoming increasingly polarised - pushed to two ends with noting in the middle. It says that soon classes will disappear and be absorbed either into the bourgeoisie or the proletariat. Capitalism largely shapes the educational system, without the education system the economy would become a massive failure as without education we are without jobs and employment which is what keeps society moving. Education helps to maintain the bourgeoisie and the proletariat so that there can workers producing goods and services and others benefiting from it. Schools transmit an ideology which states that capitalism is just and reasonable. Ruling class project their view of the world which becomes the consensus view (hegemony). Marxists believe that a key part in the control of the Proletariat is the use of alienation in all aspects of society, including the family, the education system and the media. This provides the Bourgeoisie with a supple mass of workers who do not mind working for the external rewards of a constant wage. Marxists believe that deviance is any behavior that differs from the societal norm. It is seen as deviant because as a society, we do not accept it. Deviance can vary from simply odd behavior to behavior that can harm society or is considered dangerous or disrespectful. Neo-Marxism is based on ideas initially projected by Karl Marx. Marx believed that economic power led to political power and that this is the key to understanding societies. Neo-Marxists believe the economic system creates a wealthy class of owners and a poor class of workers. They also believe that certain social institutions such as churches, prisons and schools have been created to maintain the division between the powerful and the powerless.
Can you buy supple from health store?
Supple is not a product. It is a muscular-skeletal state in which you can move easily, smoothly, without jerkiness or pain.
Where can you get Supple Cups?
You can buy from Supple Cups directly.Quoted from website:"Supple Cups are an amazing innovative new product to aid expecting Mom's with flat or inverted nipples. Supple Cups can correct flat or inverted nipples with great success.Flat or inverted nipples can and usually do cause problem with early breastfeeding. Supple cups can eliminate any foreseeable problems by pulling out and elongating flat or inverted nipples, creating longer and larger nipples in the process."
What is better supple or supple 2?
both are
How do you use supple in a sentence?
supple is honeycomb
When was Barry Supple born?
Barry Supple was born in 1930.
When did John Supple die?
John Supple died in 1869.
Can you use supple-limbed in a sentence?
from hermann hesse's siddhartha, hilda rosner translation, bantam paperback, pg 4 "there was pride in his mother's breast when she saw him walking, sitting down and rising: siddhartha --strong, handsome, supple-limbed, greeting her with complete grace"
What is Ronnie leather?
ultra-soft, lightweight, supple calf skin leather used for exceptional comfort and control on soccer cleats
How do you use the word supple in a sentence?
She practiced yoga every day to keep her muscles supple and flexible.
Where to buy supple drink in Oklahoma?
Supple is available for sale online only
When was Shane Supple born?
Shane Supple was born on 1987-05-04.
When was Tim Supple born?
Tim Supple was born in 1962, in England, UK.
