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How does the price system respond to surpluses and shortages?
How does the price system respond to surpluses and shortages? In: Economics [Edit categories]
When do shortage occur?
Shortages occur when producers will not or can't offer goods or services at current prices.
What can cause shortages or surpluses of goods and services?
over production can lead to a surplus of goods and/or services, and shortages can occur when demand for a product exceeds the productions of said product
What are the classifications of economics?
classification of economics 1-Applied economics 2-Theoretical economics i)Welfare economics ii)Positive economics(i-Micro economics,ii-Macro economics,iii-Mathematical economics)
Classification of economics?
classification of economics 1-Applied economics 2-Theoretical economics i)Welfare economics ii)Positive economics(i-Micro economics,ii-Macro economics,iii-Mathematical economics)
How does the price system respond to surpluses and shortages?
How does the price system respond to surpluses and shortages? In: Economics [Edit categories]
When do shortage occur?
Shortages occur when producers will not or can't offer goods or services at current prices.
What can cause shortages or surpluses of goods and services?
over production can lead to a surplus of goods and/or services, and shortages can occur when demand for a product exceeds the productions of said product
Where do water shortages occur?
A water shortage occurs when there is to little water or too great a demand in an area- or both.
How do you use shortages in a sentence?
During a famine there are shortages of food. The storm damage had led to shortages of electricity in some areas of the country.
When did food shortages start in Russia?
Food Shortages Started in 1915 In Russia
Shortages that caused unrest in ancient Rome?
FOOD shortages caused unrest.
Why is the current American view of health not relevant to people living in some area of the world where severe food shortages and violence occur?
because we live in a "higher" place than they do 😉
Why is the current American view of health not relevant to people living in some areas of the world where severe food shortages and violence occur?
because we live in a "higher" place than they do 😉
Why is the current Americans view of health not relevant to people living in some areas of the world where severe food shortages and violence occur?
because we live in a "higher" place than they do 😉
What are the classifications of economics?
classification of economics 1-Applied economics 2-Theoretical economics i)Welfare economics ii)Positive economics(i-Micro economics,ii-Macro economics,iii-Mathematical economics)
Classification of economics?
classification of economics 1-Applied economics 2-Theoretical economics i)Welfare economics ii)Positive economics(i-Micro economics,ii-Macro economics,iii-Mathematical economics)
