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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.
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When demand decreases, supply increases.
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.
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.
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.
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scarcity
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
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.
When demand decreases, supply increases.
Supply & demand
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.