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What is it called if there is more of a product produced than needed?
Wiki User
∙ 14y ago
That is called a surplus.
Wiki User
∙ 14y ago
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Explain why the law of demand can apply only in a free market?
Because the free market is the entity that in itself dictates the law of supply and demand. If the purchasing public has a high demand for a product, then more of that product is produced. Conversely, if there is only a low demand for a product, less of that product is produced.
What is the business of how goods can be produced more quickly called?
Expansion
What is the period of time when more people are working and more goods are being produced called?
expansion
What is the period time when more people are working and more goods are being produced called?
Expansion
What does marginal revenue products refers to?
The marginal product is the output produced by one more unit of a given input. Found at http://www.econmodel.com/classic/terms/marginal_product.htm
The substance produced as a result of a chemical reaction?
You have half answered this question for yoiurself ( produced) ; the answer is 'PRODUCTS'.
Are more product produced at a chemical reaction at equilibrium?
The amount of product is determined by the limiting reactant. Once one reactant is used completely, no more product can be produced.
What are the product of 25?
Two or more numbers are needed to their product
What is the product of 1372?
Two or more numbers are needed to find their product
What is the product of 2346?
Two or more numbers are needed to find their product in multiplication.
What is the product of 4123?
Two or more numbers are normally needed to find the product
What effect did the Industrial Revolution have on agriculture?
Farming produced more goods and needed fewer people.
The result when two or more numbers are multiplied is called what?
Product
What is the meaning of market myopia?
Mistakes of paying more attention to the specific product a company offerthat to the benefit &experienced produced by these product
What is the name of the substance that is produced by photosynthesis that gives plants their needed energy?
Photosynthesis produced sugar, more correctly (CH2O)n.
Explain why the law of demand can apply only in a free market?
Because the free market is the entity that in itself dictates the law of supply and demand. If the purchasing public has a high demand for a product, then more of that product is produced. Conversely, if there is only a low demand for a product, less of that product is produced.
What is the 7 letter word for the number produced by multiplying two or more numbers together?
product
