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When does surplus occur in balance of trade?
A surplus occurs when the quantity demanded is less than the quantity supplies. Producers may lower prices when they are left with a surplus of products.
What conditions lead to surplus?
When quantity supplied exceeds quantity demanded at a given price.
Condition which the quantity demanded is greater than the quantity supplied?
Shortage of supply, or Excess/surplus of demand
How did a surplus of food lead to a division of labor?
Well more people had food more they went up on the social hierarchy which lead to division of labour.
What are the problems of having a surplus balance of payments?
a. it will cause inflation b. It will lead to domination of foreign companies in the domestic market
How did surplus lead to trade?
Surplus are basically excess products which may of course lead to trade. After all, these excess products may lead to excess profit as well
What does surplus food lead to?
social divisions
What did surplus food lead to during the Stone Age?
the surplus food lead to less roaming to hunt and gather, and less fighting
Slash-and-burn agriculture can lead to?
surplus crawl
How did irrigation lead to food surplus?
It didn't, food surplus led to irrigation, division of labor, writing, trade
How much is a German World War 2 mauser worth?
Depends on the condition. There are still thousands of surplus weapons floating around from WWII. Decent condition surplus Mausers can be purchased for $150-$250.
When does surplus occur in balance of trade?
A surplus occurs when the quantity demanded is less than the quantity supplies. Producers may lower prices when they are left with a surplus of products.
What effect did a surplus of food have on life in Sumer?
It lead to division of labor
How did a surplus of food lead to specilization?
A surplus of food allowed people to specialize in different jobs.
Why does food surplus lead to specialization to most civilization?
A food surplus lead to specializations in most civilizations because it would feed all people. This would feed not only the people that produced the food, but the other people that were in the civilization
What conditions lead to surplus?
When quantity supplied exceeds quantity demanded at a given price.
Condition which the quantity demanded is greater than the quantity supplied?
Shortage of supply, or Excess/surplus of demand
