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Binding price floor in a market sets price?
below equilibrium price and causes a shortage
Why must saving equal planned investment at equilibrium GDP in the private closed economy?
Saving must equal planned investment at equilibrium GDP in the private closed economy because leaking of saving that exceeds the injection of investment causes a level of GDP that cannot be sustained. Having a leaking of saving that is lower than the injection of investment causes the GDP to drive upward. In either case is bad to not have them at equilibrium.
When a surplus of a product will arise when price is above equilibrium or below equilibrium?
above equilibrium
The price of peanut butter rises due to a blight on the peanut crop. peanut butter and jelly are complements. What happens to the equilibrium quantity and price of jelly?
(A)Equilibrium price falls, equilibrium quantity increases (B) Equilibrium price rises, equilibrium quantity falls (C) Equilibrium price falls, equilibrium quantity falls (D) Equilibrium price rises, equilibrium quantity rises
What does equilibrium?
Equilibrium is the point where demand = supply
What are the differences between stable equilibrium and unstable equilibrium in a system?
In a system, stable equilibrium occurs when a small disturbance causes the system to return to its original state. Unstable equilibrium, on the other hand, occurs when a small disturbance causes the system to move away from its original state.
What is a force that causes equilibrium?
the force of nature. e.g. when looking at concentration gradients it is nature that urges equilibrium on.
What are the key differences between unstable and stable equilibrium in a system?
In a system, unstable equilibrium occurs when a small disturbance causes the system to move further away from its original position, while stable equilibrium occurs when a small disturbance causes the system to return to its original position. The key difference lies in how the system responds to disturbances, with unstable equilibrium leading to further movement away from equilibrium and stable equilibrium leading to a return to equilibrium.
What are anticlockwise and clockwise equilibrium?
Anticlockwise equilibrium refers to a state where the net torque acting on an object causes it to rotate counterclockwise, while clockwise equilibrium refers to a state where the net torque causes the object to rotate clockwise. In both cases, the object is in rotational equilibrium because the torques are balanced and there is no angular acceleration.
What are the key differences between stable and unstable equilibrium in a system?
In a system, stable equilibrium occurs when a small disturbance causes the system to return to its original state, while unstable equilibrium occurs when a small disturbance causes the system to move away from its original state.
What is an equilibrium unbalanced and what causes that?
An equilibrium unbalance occurs when forces are not equal or opposite in a system, resulting in a net force and a change in motion. This can be caused by external forces, such as friction, gravity, or air resistance, that disrupt the equilibrium of an object.
A higher concentration of molecules causes a faster chemical reaction This is known as?
This is known as chemical equilibrium. All of the chemicals will want to become stable and this can only happen with equilibrium.
An object is in stable equilibrium only when?
An object is in stable equilibrium when its center of gravity is directly above its base of support, and any disturbance causes it to return to its original position.
What causes the equilibrium to shift to the left?
The equilibrium shifts to the left when there is an increase in the concentration of reactants or a decrease in the concentration of products. This can also happen when the temperature is decreased in an exothermic reaction.
What are the factors affecting equilibrium that causes shifting?
Factors that can cause a shift in equilibrium include changes in concentration of reactants or products, changes in temperature, changes in pressure (for gases), and the addition of a catalyst. When these factors are altered, the equilibrium position will shift in order to minimize the effect of the change and restore equilibrium.
Binding price floor in a market sets price?
below equilibrium price and causes a shortage
When is a dipole in unstable equilibrium in an electric field?
A dipole is in unstable equilibrium in an electric field when the external electric field opposes the natural alignment of the dipole moment. This causes the dipole to experience a torque that rotates it away from its equilibrium position. If the force pushing the dipole away from equilibrium is stronger than any restoring forces, the equilibrium is considered unstable.
