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What else can I help you with?
How would suppliers react to a price increase for a product?
Suppliers supply more of the goods as and when prices of that commodity increases.
How is elasticity of supply related to elasticity of demand?
Elasticity of supply refers to the responsiveness of guantity supplied of a commodity to changes in its own price. And the formulafor measuring elasticity of supply percentagechange in quantity supplied/ %change in price
How does quantity supplied of a good with a large elasticity of supply react to price change?
It will be very sensitive to price change. A change in the price will change the quantity supplied by a factor greater than 1. ps: Price elasticity of supply= (% change in quantity supplied)/(% change in price)
How does the quantity supplied of a good with a large elasticity of supply react to a price change?
Demand for a good can be elastic at a low price but inelastic at a high price. YouRE VERY WULCOM novanet ANSWER =)
What are the consequences of a planned economy?
There are two general limitations:Inefficient resource distribution: surplus and shortage; The economic planners are unlikely able to accurately predict future supply and demand. Without market forces to adjust demand and supply you will likely end up with inefficiencies in production as a resut of surpluses for goods not wanted and shortages of goods which were desired.Suppression of economic democracy and self-management. Market forces allow entrepreneur and business to react quickly to market forces and ensure that there are less shortages and surpluses.
Do bulls react to red?
Bulls react to erratic movements of objects, not their color.
Materials at the end of a reaction?
before reaction = reactants after reaction = products
What are materials made by chemists?
medicines, electronic components, composite materials in aircraft and polymers
What do you call a substances that react together to make products?
Reactants react together to form products.
What materials present after a reaction?
After a chemical reaction, the materials present can include reactants, products, byproducts, and any leftover starting materials that did not react. The specific materials depend on the reactants used and the conditions of the reaction. Analytical techniques such as chromatography, spectroscopy, and mass spectrometry can help in identifying the various materials present after a reaction.
What are substances called that react together?
the name given to chemicals which react together is products
What are the substances that are about to react called in a chemical reaction?
No. The substances that react together are the reactants. The new substances produced by the reaction are the products.
What are reactants in a chemical reaction?
Reactants are the substances that are present at the beginning of a chemical reaction and undergo a transformation to form new products. They are the starting materials that are consumed during the reaction process.
Is mineral oil corrosive?
Mineral oil is not corrosive because it does not react with most materials it comes into contact with. It is a non-reactive and stable substance that is commonly used as a lubricant and in cosmetic products.
How do reactants and products participate in a chemical reaction?
Reactants are the starting materials that undergo a chemical change to form products. During a chemical reaction, reactant molecules collide and undergo chemical transformations to produce new molecules known as products. The reactants are consumed, while the products are formed as a result of the reaction.
When chemicals react to eact other what do they form?
They form other compounds (the products).
When do reactants give products?
They give products when they are brought together and react.
