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Q: What might happen if the demand for a new sneaker began to quickly rise?
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Continue Learning about Economics

What was one major effect of the Mughal empire's trade policies in the 17th century?

Mughal leaders began to surrender control of their economy to European powers.


What is the contribution of Alfred marshall in economics?

Marshall began his seminal work, the Principles of Economics, in 1881. Alfred Marshall was the first to develop the standard supply and demand graph demonstrating a number of fundamentals regarding supply and demand including the supply and demand curves, market equilibrium, the relationship between quantity and price in regards to supply and demand, law of marginal utility, law diminishing returns, and the ideas of consumer and producer surpluses. This model is now used by economists in various forms using different variables to demonstrate several other economic principles. Marshall's model allowed a visual representation of complex economic fundamentals where before all the ideas and theories were only capable of being explained through words. These models are now critical throughout the study of economics because it allows a clear and concise representation of the fundamentals or theories being explained.


What would happen if nominal GDP doubles over night what statistic would you need to check before you began to celebrate?

Check the inflation rate, and the real GDP. If inflation also is very high, nominal GDP could increase despite there not being any increase in output.


How did the stock market began?

The stock market began in the mid 13th century when buyers and sellers met to exchange their goods and services.


How many nations in the Europe union began using the euro as their common currency beginning in 2002?

12 nations began using the euro

Related questions

How do you use the word demand in a sentence as a verb?

Customers may demand a refund for a defective product.


America began to move westward which occupations were in high demand?

blacksmiths


Most of the demand in the usand Europe fire reform in education and society began with.ethnic groups in former Yugoslavian continue to fight to?

Most of the demand in the US and Europe began with ethnic groups in former Yugoslavian to fight shipping of weapons to Yugoslavia.Most of the demand in the US and Europe began with ethnic groups in former Yugoslavian to fight and stop shipping of weapons to Yugoslavia.


Most of the demand in the US and Europe for the reforms in education and society began with .?

Students


Most of the demand in the US and Europe for reforms in education and society began with .?

Students


Most of the demand in the US and Europe for reforms in education and society began with?

Students


What was a result of the arms race between the US and the Soviet Union during President Eisenhower's terms?

The U.S. and the Soviet Union both started building their militaries faster


When Reconstruction began Lincoln's main goal was to?

quickly restore the Union..


What happen when big bang happen?

When big bang happened as we all know it was believed that proton and neutron combined and form atom and that time energy was converted into the mass of the universe. And at beginning the universe was very hot then gradually it began to expand and temperature falls down very quickly.


What made the Salem witch trials start so quickly?

They didn't start quickly. The affliction began in January. The examinations, that can be most easily compared to a Grand Jury trial, began in March. The trials themselves began in June. That's average progression for a witch panic.


What happen before 2009 began?

2008 ended!


When did operation dynamo happen?

It began in may 1940