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What is the rule of supply and demand?
Supply depends on demand.The demand is how much a product is wanted.The supply is how many of a certain product is made.It depends on demand because if a product is not getting enough demand, the supply will come to a stop or become very low.
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
How does inflation relate to the rule of 72?
Inflation is related to the laws of supply and demand, as well as how much money is available to put into the economy.
Explain economics relating to law of supply and demand?
The Law of Supply is a rule stating that more will be offered for sale at high prices than at lower prices. The Law of Demand is a rule stating that more will be demanded at lower prices and and less at higher prices.The Law of Demand states that there is inverse relation between the demand of the consumer and prices whenever the prices of the commodity increase the the demand for that commodity decrease that so why it is inverse relation between the demand and price of the given commodity.(addition by matchman6)This is correct - however the questions asks, explaineconomics relating to supply and demand.I would say you cant explain economics relating to supply and demand, but you can explain a huge part of economics with it.You must first remember that economics is the study of how resources are allocated under conditions of scarcity. Scarcity implies that there are not enough resources for all our wants, therefore decisions must be made by everyone.This means that producers must decide how much (of a product) to produce, and consumers must decide how much (of a product) to consume.The intersection of supply and demand determines the price that will satisfy both consumer and producer at a given level of quantity. This means it gives us the value of all goods, which can help us in determining the best way to allocate resources in the economy.Hope that helps..
What is Composite supply?
The composite supply rule applies where there is a principal element as well as an ancillary element or elements being supplied and where the ancillary elements would not realistically be sold on their own without the principal element. Such ancillary supplies are not physically and economically dissociable from the principal supply.
How the agreement between price and value is made?
The age old rule: Supply and demand.
What is the rule of price in economics?
Price is tied to supply in demand. If there is a short supply and big demand, price goes up. If there is a short supply and low demand, price will remain steady. If supply is high and demand small, price will go down.
What is the rule of supply and demand?
Supply depends on demand.The demand is how much a product is wanted.The supply is how many of a certain product is made.It depends on demand because if a product is not getting enough demand, the supply will come to a stop or become very low.
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
How does inflation relate to the rule of 72?
Inflation is related to the laws of supply and demand, as well as how much money is available to put into the economy.
Why was supplies for minning in the gold rush so expensive?
Basic rule of economics: supply and demand. The rush caused a spike in demand for supplies, so as such sellers and shopkeepers could justify raising prices.
What is the primary rule of medical ethics?
The primary rule of Medical Ethics is, "First, do no harm."
What rule states that either each foreign key value must match a primary key value in another relation or the foreign key value must be null?
referential integrity constraint
How does Reagonomics relate to today?
Reaganomics, or the more proper name, Supply Side Economics as described by Robert Mundell for his 1999 Nobel Prize award in for Economics, does indeed relate today. While is not simple there is a simplistic way to look at it. The government role is to raise or lower taxes and raise or lower interest rates in combination that will either stimulate or dampen economic growth in conjunction with the business cycle. The main factors of the business cycle are the cost of resources and the costs of manufacturing a product or providing a service. Economics abides by one rule, the rule of supply and demand. A description of the business cycle can begin anywhere in the cycle and experience the same results. This description will limit it to tangible goods and start with decreasing unemployment. Increasing employment increases demand. Increased demand requires an increase of supply. An increase in supply requires more employment. Until Supply is less than demand. Shortages occur and prices rise. Rising prices cause a decrease in the demand. Decreased demand requires decrease in supply. Decreased supply requires a decrease in employment. Decreased employment cause a decrease in demand. Decrease in demand cause excessive supply. Excessive supply requires decreased employment. Decreased employment causes less demand. Until Demand is less than supply. Overages occur and prices fall. Falling prices cause increases in demand. Increasing demand requires increased supply. Increased supply requires increased employment. Increase in employment increases demand. I hope you have the gist of it by now. If the economy is growing too rapidly causing inflation to rise to rapidly the government can increase taxes or raise interest rates to check the growth. If the economy is slowing, the government can lower taxes or interest rates to stimulate growth in the economy. This is the essence of supply side economics. The thermostat in your home is not instantaneous and neither is the application of correction by the government. Personally, I would prefer the government stay within the confines of the Constitution where they belong.
What are the supply and demand analysis for the company and the impact does government have on the rule regulations for the company of baby phat?
yea yea yea yea yea i dont no find someone else
Explain economics relating to law of supply and demand?
The Law of Supply is a rule stating that more will be offered for sale at high prices than at lower prices. The Law of Demand is a rule stating that more will be demanded at lower prices and and less at higher prices.The Law of Demand states that there is inverse relation between the demand of the consumer and prices whenever the prices of the commodity increase the the demand for that commodity decrease that so why it is inverse relation between the demand and price of the given commodity.(addition by matchman6)This is correct - however the questions asks, explaineconomics relating to supply and demand.I would say you cant explain economics relating to supply and demand, but you can explain a huge part of economics with it.You must first remember that economics is the study of how resources are allocated under conditions of scarcity. Scarcity implies that there are not enough resources for all our wants, therefore decisions must be made by everyone.This means that producers must decide how much (of a product) to produce, and consumers must decide how much (of a product) to consume.The intersection of supply and demand determines the price that will satisfy both consumer and producer at a given level of quantity. This means it gives us the value of all goods, which can help us in determining the best way to allocate resources in the economy.Hope that helps..
What is Composite supply?
The composite supply rule applies where there is a principal element as well as an ancillary element or elements being supplied and where the ancillary elements would not realistically be sold on their own without the principal element. Such ancillary supplies are not physically and economically dissociable from the principal supply.
