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What occurs when supply and demand requirements have been satisfied without creating shortages or surplus?

general equilibrium


What economic factors contributed to the French Revolution high taxes high unemployment and bread shortages high taxes underemployment and low crop prices high inflation crop shortages and few banks l?

The French Revolution was significantly influenced by high taxes, which burdened the peasantry and the urban poor, exacerbating social discontent. Coupled with high unemployment and bread shortages, these economic pressures heightened public frustration. Additionally, low crop prices and underemployment left many struggling to make ends meet, while inflation further eroded purchasing power, creating a volatile environment ripe for revolution. Overall, these factors combined to undermine the monarchy's legitimacy and fuel the revolutionary fervor.


What were key factors in creating a strong wartime economy?

Some key factors in creating a strong wartime economy were increasing the labor force. Creating government contracts and creating new technologies.


What are the advantages of surplus production?

Surplus production offers several advantages, including increased food security by providing a buffer against shortages and price fluctuations. It can stimulate economic growth by allowing for export opportunities, generating revenue, and creating jobs in agriculture and related sectors. Additionally, surplus production can lead to better resource management and innovation in farming practices, ultimately contributing to sustainability and efficiency in food systems.


What happens when a government imposes a quota in a market?

When a government imposes a quota in a market, it establishes a limit on the quantity of a specific good that can be produced, imported, or sold. This restriction can lead to a decrease in supply, resulting in higher prices for consumers and potentially creating shortages. Quotas can also protect domestic industries by limiting foreign competition, but they may lead to inefficiencies and higher costs for consumers. Overall, the impact of quotas can vary depending on the market and the specific good involved.

Related Questions

What occurs when supply and demand requirements have been satisfied without creating shortages or surplus?

general equilibrium


How do I prove a common law marriage?

First you need to find out the requirements for creating a legally recognized common law marriage in the former state. Then you need to prove you satisfied those requirements while residing there. You may need to seek advice from an attorney who specializes in family law.


What did the union blockade of the confederacy accomplish?

It captured transport vessels, creating acute supply shortages.


What did the union naval blocade of the confederacy accomplish?

It captured transport vessels, creating acute supply shortages


What did Union naval blockade of the confederacy accomplish?

It captured transport vessels, creating acute supply shortages.


What are the five statements essential requirements in creating a government?

"i Don"t know"


What are main requirements for creating mini movies?

four features make a good character?


What are the requirements when creating a web file in photoshop?

what you mean by requirements? You can create images for web, layouts for web page and save it through command File > Save for Web & Devices


Is there a satisfying tone in stories?

Not really a satisfying tone, but a satisfied tone. If the author/narrator speaking in the story seems to be satisfied and content by how he or she sounds in the story then you can say their story has a satisfied tone.


What are the requirements in creating an input with AND logic gate?

All the inputs of the gate must be set to a logic 1 for the gate to open.


Why are people who have a solid background in math disadvantaged for programming?

Well, actually people who are good at math are usually pretty good at programming. Programming involves one creating an "equation" you could call it, to meet requirements. You create code to meet program requirements. It's like creating an formula to solve a problem.


Give some example of PERT and CFM?

PERT (Program Evaluation and Review Technique) is a project management tool used to schedule, organize, and coordinate tasks within a project. It involves creating a network diagram to show the sequence and duration of activities. CFM (Cash Flow Management) is a financial management technique that involves monitoring, analyzing, and optimizing the flow of cash in and out of a business. It includes activities like forecasting cash inflows and outflows, identifying potential cash shortages or surpluses, and implementing strategies to improve liquidity.