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If supply exceeds demand for a product what economic explanation occurs?
prices decrease
If demand increases and supply decreaseswhat economic explanation occurs?
Supply will decrease and the price will rise greatly.
If supply exceeds demand for a product what economic explation occurs?
demand decreases and price will decrease.
Where do equilibrium occurs in economic?
Where the demand curve and supply curve intersect.
Occurs when supply outstrips demand?
surplus
Related Questions
If supply exceeds demand for a product what economic explanation occurs?
prices decrease
If demand increases and supply decreaseswhat economic explanation occurs?
Supply will decrease and the price will rise greatly.
What economic explanation occurs if demand increases?
supply will decrease and price will rise greatly
If supply exceeds demand for a product what economic explation occurs?
demand decreases and price will decrease.
Where do equilibrium occurs in economic?
Where the demand curve and supply curve intersect.
What is most likely explanation for how speciation occurs?
It occurs by more than one method
What is the most likely explanation for speciation occurs?
It occurs by more than one method.
What is most likely the explanation for how speciation occurs?
It occurs by more than one method
Occurs when supply outstrips demand?
surplus
When does excess demand occur in the equilibrium price?
Excess demand occurs when demand outweighs supply. This means there is a shortage of a good.
What explanation that occurs for a set of facts and that can be further tested by investigation?
Theory
Which theory says that inflation occurs when the demand for goods exceeds the existing supply?
demand pull theory
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