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What happens when the supply of a nonperishable good is greater?
Wiki User
∙ 11y ago
c) either the good remains unsold or the price drops
Wiki User
∙ 11y ago
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What happens when the supply of a nonperishable good is greater than the consumer wants to buy?
Either the price drops until the consumers are prepared to buy more, or supplier are left holding surplus stocks until replacement purchases clear these inventories. No manufactured good is truly non-perishable, and so will eventually require replacement.
When is something scarce in the supply market?
Scarcity results when the demand for a good or service is greater than its supply.
When any effort by government causes the supply of a good to rise what happens to the supply curve for that good?
It shifts to the right.
What happens to the supply curve for that good when any effort by government causes the supply of a good to rise?
It shifts to the right.
What happens to a supply curve if a tax on a good is repealed?
The supply curve of that good will increase or move to the right because the cost of production will have decreased.
What happens when the supply of a nonperishable good is greater than the consumer wants to buy?
Either the price drops until the consumers are prepared to buy more, or supplier are left holding surplus stocks until replacement purchases clear these inventories. No manufactured good is truly non-perishable, and so will eventually require replacement.
Happens when the supply of a nonperishable good is greater than the consumer wants to buy?
Either the price drops until the consumers are prepared to buy more, or supplier are left holding surplus stocks until replacement purchases clear these inventories. No manufactured good is truly non-perishable, and so will eventually require replacement.
What happens when the supply of a nonperishable good is greater than the consumer want to buy?
Either the price drops until the consumers are prepared to buy more, or supplier are left holding surplus stocks until replacement purchases clear these inventories. No manufactured good is truly non-perishable, and so will eventually require replacement.
What happens when he supply of a noperishable good is greater than the consumer wants to buy?
The price will decrease until the supply decreases or the consumer wants more of it.
What happens when the supply of a nonpeirslable good is greater than the conumer wants to buy?
The answer will depend on what you mean by nonpeirslable - a word that has no meaning in the English language.
When is something scarce in the supply market?
Scarcity results when the demand for a good or service is greater than its supply.
When any effort by government causes the supply of a good to rise what happens to the supply curve for that good?
It shifts to the right.
When any effort by government cause the supply of a good to rise what happens to the supply curve for that good?
It shifts to the right.
When any effort by government causes the supply of a good to rise what happens to supply curve for that good?
It shifts to the right.
When any effort by government cause the supply of a good to rise what happens to supply curve for that good?
It shifts to the right.
What happens to the supply curve for that good when any effort by government causes the supply of a good to rise?
It shifts to the right.
What happens to a supply curve if a tax on a good is repealed?
The supply curve of that good will increase or move to the right because the cost of production will have decreased.
