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Q: When a producer is unable to meet the demand of a certain product what happens?
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When a producer is unable to meet the demand of a certain product?

If a producer is unable to meet the demand for a certain product, then either there will be other producers of the same product who will meet the demand, or if not, then there will be a shortage. Prices will rise.


When a producer is unable to meet the demand of the certain product?

If a producer is unable to meet the demand for a certain product, then either there will be other producers of the same product who will meet the demand, or if not, then there will be a shortage. Prices will rise.


When a producer is unable to meet the demands of a certain producer?

If a producer is unable to meet the demand for a certain product, then either there will be other producers of the same product who will meet the demand, or if not, then there will be a shortage. Prices will rise.


When a producer is unable to meet the demand of a certain product what occurs?

asswhole


What occurs when a producer is unable to meet the demand of a certain product?

asswhole


When a producer is unable to meet the demand of a certain product occurs?

asswhole


When a producer is unable to meet the demand of a certain product, which of the following occurs?

scarcity


When a product is in demand what happens to the demand curve?

the market demand for the product. undefined. more inelastic than the market demand for the product. more elastic than the market demand for the product


What is stagnant demand?

Stagnant demand refers to a situation where the level of consumer demand remains low or constant over a period of time, without showing signs of growth. This can be a result of various factors such as economic downturns, saturation of markets, or changes in consumer preferences. Stagnant demand can have negative implications for businesses as it can lead to lower sales and revenue.


What happens when the demand for a product decreases?

When demand decreases, supply increases.


When the price at which the quantity of a product willing to be purchased by customers and the quantity of product willing to be made by a producer are equal this is known as?

Supply & demand


What is product trial?

When a business begins to sell its product or services for a short time in a certain section of the market to see if there is a demand for the certain product or service.