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What happen if the demand exceed the supply of a resource?
The price usually goes up. If lots of people want something, you have to pay more to get it.
Economic growth rates in follower countries?
tend to exceed those in leader countries because followers can cheaply adopt the new technologies that leaders developed at relatively high costs.
What happens when price is not allowed to change with market forces?
When prices are not allowed to change according to market forces, it can lead to either surpluses or shortages. For example, if a price is set too low, demand may exceed supply, resulting in shortages. Conversely, if a price is set too high, supply may exceed demand, leading to surpluses. Such price controls can distort market signals, reduce efficiency, and lead to misallocation of resources.
What problems are caused by having an export economy?
The varying world demand for any material may result in uncertain export income. Production may exceed what can be sold, and both weak demand and competition can drive prices lower. Over time, markets for some exports could either rapidly increase or suddenly disappear.
What is it called when exports exceed imports?
A trade surplus is when exports exceed imports.
The demand noncommunist countries for oil will begin to exceed the supply of oil in about the year of?
2000
How do you use exceed in a sentence?
In most countries it is against the law to exceed the speed limit. The total cost of the new airport will exceed 100 million dollars
How will you execute company programs to exceed job expectations?
An answer to this question might be, I will exceed company quotas and goals. I will demand excellence of myself and my team. I will motivate those that work under me to exceed expectations. All of these would answer this question.
What does outstripping mean?
outstrpping is when x exceed y. like for example as supply excees demand then there is outsripping.
What will happen if we exceed sanctioned maximum demand of msedcl large scale industry?
Rs. 285 per kva
How does a change in the amount of a product lead to a shift in equilibrium, and can you explain this process?
A change in the amount of a product can lead to a shift in equilibrium by affecting the supply and demand balance. If the amount of a product increases, the supply will exceed the demand, causing prices to decrease. This can lead to a new equilibrium point where supply and demand are once again balanced at a lower price. Conversely, if the amount of a product decreases, the demand may exceed supply, causing prices to increase. This can lead to a new equilibrium point where supply and demand are balanced at a higher price.
How do you get a power cut?
There are several reasons why this may happen. Demand may exceed production, mechanical breakdown, improper routing are some.
What happen if the demand exceed the supply of a resource?
The price usually goes up. If lots of people want something, you have to pay more to get it.
Economic growth rates in follower countries?
tend to exceed those in leader countries because followers can cheaply adopt the new technologies that leaders developed at relatively high costs.
What happens when price is not allowed to change with market forces?
When prices are not allowed to change according to market forces, it can lead to either surpluses or shortages. For example, if a price is set too low, demand may exceed supply, resulting in shortages. Conversely, if a price is set too high, supply may exceed demand, leading to surpluses. Such price controls can distort market signals, reduce efficiency, and lead to misallocation of resources.
What is the prefix version for exceed?
over-
Is exceed a verb?
Yes, the word exceed is a verb.
