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When all other factors are equal what will happen to the supply of a product if the price goes up?
When all other factors are equal, an increase in the price of a product typically leads to an increase in its supply. This is because higher prices incentivize producers to allocate more resources to the production of that product, as they can achieve greater revenue and profit. Consequently, suppliers are more willing to produce and sell larger quantities at the elevated price.
What else can I help you with?
Example of market equilibrium?
Market equilibrium is when the demand of the product and the supply of the product is equal. If either demand or supply changes, then the equilibrium adjusts.
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 does the law of supply state?
The law of supply states that all other factors being equal, as the price of a good or service increases, the quantity of etc
What is the term for the point at which supply and demand are exacly equal?
This would be having exactly enough, but not too much of the product in demand. So you would be maximizing profit!
What is supply and what is demand?
Demand and supply analysis concludes that the price of a give product in the market will vary and settle at a point where there is equality between the quantity demanded and the quantity supplied. When both are equal, the price and the quantity will be at equilibrium.
What are numbers that equal a product called?
factors
Example of market equilibrium?
Market equilibrium is when the demand of the product and the supply of the product is equal. If either demand or supply changes, then the equilibrium adjusts.
What is the product of the prime factors of 350?
The product of the prime factors of any number is equal to the number itself. Therefore, the product of the prime factors of 350 is 350.
What is the product of the prime factors of 44?
44 is equal to 11 x 2 x 2. The product of any set of prime factors of a number is equal to the number itself.
What two factors equal 51?
As a product of its prime factors: 3*17 = 51
Is the product of all these factors equal to 6?
Yes, if the factors are 1, 2 and 3.
Name of the numbers that are multiplied together to equal a product?
Factors
What is the product of prime factors of 75?
The product of any set of prime factors is equal to the number itself. 75 is equal to 3 x 5 x 5 or 3 x 52.
What is a number that can be expressed as the product of two equal factors?
A perfect square.
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 of primes for 74?
Assuming you are referring to the prime factors of the number, the product of the prime factors of any composite number is equal to the number itself.
64 as a product of two equal factors?
64 = 8 x 8
