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Why would a company manager be concerned about the quantity of its purchase retuns if its suppliers allow unlimited returns?
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What is the price at which consumers will purchase the same quantity of a product that suppliers will produce?
The equilibrium price is the price at which consumers will purchase the same quantity of a product that suppliers will produce.
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.
A measure of how suppliers react to a change in price?
The answer will most likley be (b) quantity supplied
If the price is less than the equilibrium price what is the relatiionship of quantity supplied to quantity demanded?
If the price is low, suppliers may well not wish to supply the full quantity that is demanded by consumers.The quantity demanded and quantity supplied determines the equilibrium price in the market. The quantity where these two are equal, that is where the market price is set.
42 What is the law of supply?
Law Of SupplyWhat Does Law Of Supply Mean?A microeconomic law stating that, all other factors being equal, as the price of a good or service increases, the quantity of goods or services offered by suppliers increases and vice versa.Investopedia explains Law Of SupplyAs the price of a good increases, suppliers will attempt to maximize profits by increasing the quantity of the product sold.
What is the price at which consumers will purchase the same quantity of a product that suppliers will produce?
The equilibrium price is the price at which consumers will purchase the same quantity of a product that suppliers will produce.
What are the roles of suppliers?
responsibilities of a quantity surveyor
Who benefits from quantity restrictions?
Existing suppliers
Where can you find methylcellulose for sale in large quantities?
Use the link below to begin your search for suppliers of methylcellulose in quantity. Three suppliers are listed.
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.
A measure of how suppliers react to a change in price?
The answer will most likley be (b) quantity supplied
What is quantity of purchase?
number of the items
If the price is less than the equilibrium price what is the relatiionship of quantity supplied to quantity demanded?
If the price is low, suppliers may well not wish to supply the full quantity that is demanded by consumers.The quantity demanded and quantity supplied determines the equilibrium price in the market. The quantity where these two are equal, that is where the market price is set.
Is Hexane sold in New Zealand?
Yes. depending on quantity, either the petroleum companies, or laboratory chemical suppliers will be willing to oblige.
How many calories are in sprinkles?
trace amounts based on quantity - be more concerned about artificial colors
What is the smallest quantity of forever stamps you can purchase?
There is no limitation on quantities. You can purchase a single stamp at the post office.
What is a quantity-pricing strategy?
A quantity-pricing strategy provides lower prices to consumers who purchase larger quantities of a product.
