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Q: When demand exceeds the amount of resources what is the result called?
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When demands exceeds supply is called what?

supply or demand <3


What is the amount of a good or service that producers are willing to provide called?

Demand


When would a forest be sustainable?

When supply exceeds demand


If supply exceeds demand for a product what economic explation occurs?

demand decreases and price will decrease.


What is soft budget constraint?

In organizations, soft budget constraints are used to describe shortages of certain items. It is used to describe that there is an overwhelming demand for a certain product and the demand exceeds the amount of the product being made or manufactured.


In which situation is a forest most likely to be sustainable?

When supply is greater than demand


Which theory says that inflation occurs when the demand for goods exceeds the existing supply?

demand pull theory


When demand exceeds supply are there any instances where prices wouldn't be raised?

When demand exceeds supply, prices will usually increase. However, prices may not increase if the sellers are non-profit organizations.


What is Scarcity and Choice?

scarcity is a situation when demand for a good exceeds its supply even at a zero price and choice is a consequence of scarcity. choice emerges when limited resources are to be used for satisfaction of unlimited wants.


Is it true that In economics the price rise when demand exceeds supply?

Yes


What theory says that inflation occurs when the demand for goods exceeds the existing supply?

demand-pull theory (by Solomon Zelman)


If supply exceeds demand for a product what economic explanation occurs?

prices decrease