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What condition lead to a surplus?
A surplus is the extra quantity of items that exceeds the current need. Such a condition arises when the supplied quantity is more than what the market demands.
What is the best description of a consumer need?
A consumer need is something that is necessary for a person's survival. Note: A want is not a need.
3 What are the four key factors that make the industrial markets differ from the consumer markets?
Industrial markets are more complicated and need technical knowledge. They have knowledgeable buyers who analyze the products. Products are sold on request that need quotations and specifications. Information on these markets are difficult and qualitative. However consumer markets are more simple. The buyers are not experts while sellers are powerful. Purchasers need not buy through listed prices. Market information is enormous through database information.
What is a moisture surplus?
The soil in a region is saturated, and rainfall is greater than the need for the moisture.
Why do countries need to trade?
Countries need to trade because they do not have all of the resources they need to survive. Countries also gain by trading what they have in surplus.
Does market economy need competetion?
To allocate resources efficiently and provide the greatest possible consumer and producer surplus, yes.
Would one dollar profit require someone to make a dollar loss?
No, since profit need not be zero sum; exchange allows creation of social welfare through comparative advantage. However, the redirection of consumer surplus to producer surplus through increasing profit, assuming social surplus remains constant, would require consumers to loss surplus at the expense of producers.
What is the advantage of hdmi?
This website has all the information you need to know about hdmi: www.hdmi.org/consumer/hdmi_advantage.aspx
What are the provisions of the Consumer Credit Protection Act of 1968?
The Consumer Credit Protection Act of 1968 assures that every consumer with a need for credit is given meaningful information with respect to the cost of that credit.
How do you find the central angle measure when looking at a circle graph?
You need more information.You need more information.You need more information.You need more information.
Where can one find a consumer credit reporting company?
You can find a consumer credit reporting company by asking the local bank and they should have the correct contacts and information to help you out with what you need.
What does surplus mean in ancient times?
It meant the same as it means now. A surplus is when you have more of something than you need.
Where can information on the best deals on credit cards be found?
Consumer Reports has a nice listing and description of the best credit card deals available. The one downfall to Consumer Reports is that you need to have a paid subscription in order to access their best information.
What are reason why information is necessary for a wise consumer?
Otherwise they have no clue what is new...need to spread the worldJaneJianSr.Accountanthttp://www.gnota.comhttp://www.caremybaby.comhttp://www.dialdeal.com
What does a society need to do before it develop?
an agricultural surplus
Is a white oak a producer or a consumer?
if your talking about a white oak TREE, its a producer. ask me if you need additional information on this subject. :)
What condition lead to a surplus?
A surplus is the extra quantity of items that exceeds the current need. Such a condition arises when the supplied quantity is more than what the market demands.
