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Supply increases and demand is constant?
if there is an increase in supply ,there is a corresponding increase in demand. perishable goods such as fresh tomatoes may increase in supply because there are in season.THIS IS ONE OF THE EXCEPTION TO THE RULE
What is supply in macro economic?
in Macro economics supply may refer to supply of factors of production, labor supply or supply of capital.
What causes supply movement?
Supply movement is primarily caused by changes in factors such as production costs, technology, and resource availability. When production costs decrease or technology improves, suppliers may increase their output, shifting the supply curve to the right. Conversely, if costs rise or resources become scarce, supply may decrease, shifting the curve to the left. Additionally, external factors like government regulations and taxes can also influence supply movement.
The government might enact a price ceiling in order to accomplish what?
The government may impose a price ceiling in order to increase supply.
Does scarcity increase inflation?
Yes, scarcity can contribute to inflation. When there is a limited supply of goods or services, demand may outpace availability, leading to higher prices. This situation can occur due to various factors, such as supply chain disruptions or increased consumer demand. As prices rise in response to scarcity, overall inflation can increase as well.
Supply increases and demand is constant?
if there is an increase in supply ,there is a corresponding increase in demand. perishable goods such as fresh tomatoes may increase in supply because there are in season.THIS IS ONE OF THE EXCEPTION TO THE RULE
What is supply in macro economic?
in Macro economics supply may refer to supply of factors of production, labor supply or supply of capital.
The government might enact a price ceiling in order to accomplish what?
The government may impose a price ceiling in order to increase supply.
What happens when the supply of a product increase?
The market may be over flooded. Price will fall
What are to factors that may have led to an increase in the number of whited tailed deer?
Two factors that may have led to an increase in the number of White-tailed Deer are a big food source and less predators.
When demand exceeds supply are there any instances where prices wouldn't be raised?
When demand exceeds supply, prices will usually increase. However, prices may not increase if the sellers are non-profit organizations.
What are the forces behind the supply curves?
While changes in price result in movement along the supply curve, changes in other relevant factors cause a shift in supply, that is, a shift of the supply curve to the left or right.Such a shift results in a change in quantity supplied for a given price level. If the change causes an increase in the quantity supplied at each price, the supply curve would shift to the right:Supply Curve ShiftThere are several factors that may cause a shift in a good's supply curve. Some supply-shifting factors include:· Prices of other goods - the supply of one good may decrease if the price of another good increases, causing producers to reallocate resources to produce larger quantities of the more profitable good.· Number of sellers - more sellers result in more supply, shifting the supply curve to the right.· Prices of relevant inputs - if the cost of resources used to produce a good increases, sellers will be less inclined to supply the same quantity at a given price, and the supply curve will shift to the left.· Technology - technological advances that increase production efficiency shift the supply curve to the right.· Expectations - if sellers expect prices to increase, they may decrease the quantity currently supplied at a given price in order to be able to supply more when the price increases, resulting in a supply curve shift to the left.
What are two factors that may have led to an increase in the numbers of white-tailed deers?
Two factors that may have led to an increase in the number of White-tailed Deer are a big food source and less predators.
What are two factors that may have led to an increase in the number of white tailed deer?
Two factors that may have led to an increase in the number of White-tailed Deer are a big food source and less predators.
Whom should we request to increase the supply of the Giordano s coups please?
You should place this request with Giordano's itself as they are in control of how many coupons they put out. If you request an increase in the supply they may pull through.
Discuss the main demand and supply factors responsible for soaring food prices in the world in 2008 Suggest two possible strategies that may help to ease the world food crisis?
Increase in food supply lol and a decrese of human life (population [<<< tht was for all them dumb people out there :D])
How much does 1doz eggs cost?
The price of a dozen eggs can vary significantly based on factors like location, brand, and whether they are organic or conventional. As of late 2023, the average cost for a dozen eggs in the United States typically ranges from $2 to $4. However, prices may fluctuate due to market conditions, supply chain issues, and other economic factors. For the most accurate pricing, it's best to check local grocery stores or online retailers.
