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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 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 causes punctuated equilibrium?
zeological instrument of panther of indigeneous snake can do anything cause the punctuated equilibrium.
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.
Example of stress on a chemical equilibrium in your body?
An example of stress on a chemical equilibrium in the body is dehydration. The water level in the cell decreases, which causes the cell to shrink and become hypertonic.
Binding price floor in a market sets price?
below equilibrium price and causes a shortage
Why there is need of second condition of equilibrium if a body satisfies first condition of equilibrium?
Consider two equal and opposite forces acting along different lines of the body, which causes the body to rotate, although first condition is fulfilled but body is still moving. Thus, we need another condition for equilibrium that is the second condition of equilibrium.
What effect does alcohal consumption have on balance and equilibrium?
Alcohol effects balance and equilibrium by depressing the central nervous system. Alcohol can also cause memory loss and speech impairments.
What causes a person to become unbalanced?
A build up of fluid in the ears can cause a person's equilibrium to become imbalanced.
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.
What is the difference between reverse process and equilibrium?
A reversible process is one which can be reversed and causes no changes in the system or surroundings. For a process in equilibrium, the rate of the forward process equals the rate of the reverse process (which can be, but is not necessarily equal to zero).
Can A hockey puck that slides across the ice at a constant speed be in equilibrium?
Non-sequitor. The friction of the ice, although minimal, causes a puck to travel at a decreasing speed. Given no friction, a puck could be said to have momentum equilibrium.
What are 3 possible causes for punctuated equilibrium?
1) Pattern in forcings2) Rapid evolutionNo competition for resourcesNo predation3) Appearance of adaptive breakthroughs
