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When does excess supply occur?
Excess supply occurs when, at a given time, the equilibrium price of the market is less than the price that the goods are supplied at.
Does net loss occurs when expenses are less than revenue?
Net Income : When Revenue is greater than Expenses. Net loss : When Expenses are greater than Revenue. References : Basic Accounting (111) Book .
When the supply is less than demand there is a what?
If the supply is less than the demand, there will be a shortage and price increase.
When the supply is less than demand there is a?
If the supply is less than the demand, there will be a shortage and price increase.
when the supply is less than demanded there is a?
If the supply is less than the demand, there will be a shortage and price increase.
Condition that occurs when water loss is greater than water gain?
dehydration occurs when water loss is greater than water intake.
What occurs when expenses are greater than revenue?
loss
What is an accounting loss?
It is when revenues are less than expenses.
What Condition occurs when water loss is greater than water gain?
Dehydration
What is the condition that occurs when water loss is greater than water gain?
Dehydration
What happens to the equilibrium price and quantity when demand rises less than supply rises?
When price and quantity demanded rises less than supply rises then shortage of goods create.
Will a firm experience a loss when its revenue is less than its expenses?
Yes, a firm will experience a loss when its revenue is less than its expenses. This occurs because the costs of operating the business exceed the income generated from sales or services. As a result, the firm is unable to cover its operational costs, leading to negative financial performance. Consistent losses can threaten the firm's viability and sustainability.
