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What is word for the result of having too little of a product to meet the demand for it?
Wiki User
∙ 9y ago
Scarcity is the result of having too little of a product to meet the demand for it.
Wiki User
∙ 9y ago
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Which of these terms is the result of having too little of a product to meet the demand for it?
Scarcity is the result of having too little of a product to meet the demand for it.
How demand-pull inflation leads to an upward trend in prices?
Demand-pull inflation will tend to result in less demand for a product. This tactic is used when too many dollars are going after products with too little supply.
If A decrease in price of a product will result in?
increase in demand and decrease in supply.
What will a decrease in the price of a particular product result in?
A decrease in the price of a particular product will result in higher demand. It may also result in shortages if the product cannot be produced fast enough for consumers.
What happens when supply shifts to left and demand shift to the right?
The price of the product will increase as a result from both shifts.
Which of these terms is the result of having too little of a product to meet the demand for it?
Scarcity is the result of having too little of a product to meet the demand for it.
How demand-pull inflation leads to an upward trend in prices?
Demand-pull inflation will tend to result in less demand for a product. This tactic is used when too many dollars are going after products with too little supply.
If A decrease in price of a product will result in?
increase in demand and decrease in supply.
What will a decrease in the price of a particular product result in?
A decrease in the price of a particular product will result in higher demand. It may also result in shortages if the product cannot be produced fast enough for consumers.
What happens when supply shifts to left and demand shift to the right?
The price of the product will increase as a result from both shifts.
What are two consecutive integers have a product of 14?
There is no set of two consecutive integers having a product of 14. Product means the result of multiplication.
What is observed when demand exceeds supply?
Typically, a shortage of the product/service will result with the resultant outcome being an increase in price.
Definition of derived demand?
Derived demand - sales of business products that frequently result (or derive) from the sales of consumer products. Example, consumer demand for Ford cars increases, the company may increase its demand for paint spraying equipment ( a business product).
What is the Significance of cross elasticity in business decision making?
The degree of change in the demand for one product as a response to a change in the price of a different product. For example, an increase in the price of petroleum is likely to have a negative impact on the demand for gas-guzzling vehicles and a positive impact on the demand for fuel-efficient vehicles. The cross elasticity for substitutes is generally positive, in that a price increase for one product will result in an increase in demand for a substitute.
What was the result of the central government having very little authority?
we all die
The result of multiplication?
The result of the process of multiplication is referred to as a 'product'
what main activities for infrequent foreign marketing?
Infrequent Foreign marketing: Temporary surpluses caused by variations in production levels or demand may result in infrequent marketing overseas. ... As domestic demand increases and absorbs surpluses, foreign sales activity is withdrawn. In this stage, little or no change is seen in company organization or product lines.
