0
supply shock
Wiki User
∙ 12y ago
Add your answer:
Earn +20 pts
If there is an ecxess supply of a good you can expect?
With no subsequent change in demand, you can expect prices to drop.
How does supply shock affect equilibrium price and quantity?
Because supply shock is a sudden change of a good. Meaning if it is a negative shock, the equilibrium price and quantity of course will go down. And if it is a positive shock, vice versa of negative.
A sudden lack of availability of a good?
Excess Demand
What is meant by the equilibrium price?
It is the price where demand equals supply in a competitive market.
What is the difference between supply function and supply curve?
supply function can be defined as the quantity of a good.
What is sudden drop in the supply of a good?
supply shock
If there is an ecxess supply of a good you can expect?
With no subsequent change in demand, you can expect prices to drop.
Is a sudden drop in temperature a sign that weather may be changing for the worse?
Not always, you need to take barometric pressure into account, the sudden drop signifies that a new weather system has moved in, whether it is high or low pressure will determine whether it is good or bad
Where can one find a good foot drop brace online?
A good foot drop brace can be found online at many outlets. Specialist companies such as Mountainside Medical Equipment and Swede-O supply these online.
What is a good sentence with sudden?
I was startled by a sudden noise.
How does supply shock affect equilibrium price and quantity?
Because supply shock is a sudden change of a good. Meaning if it is a negative shock, the equilibrium price and quantity of course will go down. And if it is a positive shock, vice versa of negative.
Need a slogan for my company called crystal clean.?
Good to the last drop
Does the heart has its own supply of blood called mypcardium blood vessel?
No, but a good guess. They are called the coronaries.
What is the amount of good or service that an individual or producer is offered for sale called?
supply
What is the amount of a good or service that an individual or produced is offering for sale called?
supply
What is the amount of a good or service that an individual or producer is offering for sale called?
supply
What is a good sentence with the word sudden?
All of a sudden a wild badger attacked me.
