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What happens when the demand is more than supply?
Prices increase and you have inflation.
If people have more time to adjust to a price change what happens?
The greater will be the price elasticity of demand.
What happens if there is more supply than demand?
When there is more supply than demand, there is commonly a drop in price of the product in an effort to increase the demand and achieve the equilibrium between supply and demand once again. Supply and demand are like a see-saw. As supply goes down, demand goes up; as demand goes up, supply goes down.
What happens with a decrease in aggregate demand?
Aggreagate demand will increase.
How the demand of dollar increase in exports?
The demand for dollars tends to increase with exports because foreign buyers need to purchase U.S. dollars to pay for American goods and services. As exports rise, more foreign currency is exchanged for dollars, boosting its demand. This increased demand can lead to a stronger dollar value relative to other currencies. Additionally, higher export levels can positively impact the overall economy, further enhancing the attractiveness of the dollar.
When a product is in demand what happens to the demand curve?
the market demand for the product. undefined. more inelastic than the market demand for the product. more elastic than the market demand for the product
What happens when the demand is more than supply?
Prices increase and you have inflation.
When an item goes on sale what happens to your demand?
Normally, demand increases. More people will buy a product if they are getting a bargain.
What happens to pulse rate when activities demand more body movements?
It rises.
If people have more time to adjust to a price change what happens?
The greater will be the price elasticity of demand.
What happens if there is more supply than demand?
When there is more supply than demand, there is commonly a drop in price of the product in an effort to increase the demand and achieve the equilibrium between supply and demand once again. Supply and demand are like a see-saw. As supply goes down, demand goes up; as demand goes up, supply goes down.
What happens if theres more demand than supply?
When there is more supply than demand, there is commonly a drop in price of the product in an effort to increase the demand and achieve the equilibrium between supply and demand once again. Supply and demand are like a see-saw. As supply goes down, demand goes up; as demand goes up, supply goes down.
What happens when demand rises by more than supply rises?
Then more people will be employed and the unemployment rates will go down
What happens with a decrease in aggregate demand?
Aggreagate demand will increase.
When the demand for foreign currency decreases does the value of the dollar increase?
Yes, when the demand for foreign currency decreases, the value of the dollar typically increases. This is because a lower demand for foreign currency indicates that people are more willing to hold dollars, leading to an appreciation of the dollar's value relative to other currencies. Essentially, as demand for dollars rises, its value strengthens against foreign currencies.
What happens when the demand for a product decreases?
When demand decreases, supply increases.
What happens to demand for computers as they become simpler to operate?
The demand will go up. Not everyone can comprehend the necessary instructions to work a computer, and as they become simpler to operate, more and more people will be convinced that they will be able to understand.
