0
When there are simultaneous changes in demand and supply what happens?
Wiki User
∙ 11y ago
changes in relative prices are the driving force in the market mechanism
Wiki User
∙ 11y ago
Add your answer:
Earn +20 pts
A graph example of supply increase without changes in demand?
If a seller increase supply without changes in demand, his business will not last. He will have more supply than demand.
What happens if there is not enough supply for the demand?
If there is not enough supply for the demand, the demand won´t be able to buy the supply
What happens if demand curve interacts with the supply curve?
Then demand and supply are equal.
What changes the equilibrium quantity to change?
It changes when the market demand and or market supply changes.
What happens when the demand for a product decreases?
When demand decreases, supply increases.
A graph example of supply increase without changes in demand?
If a seller increase supply without changes in demand, his business will not last. He will have more supply than demand.
What happens if there is not enough supply for the demand?
If there is not enough supply for the demand, the demand won´t be able to buy the supply
What happens if demand curve interacts with the supply curve?
Then demand and supply are equal.
What According to the law of supply and demand when supply increases what else happens?
According to the law of supply and demand when supply increases, prices will decrease.
What changes the equilibrium quantity to change?
It changes when the market demand and or market supply changes.
What happens when the demand for a product decreases?
When demand decreases, supply increases.
What happens when demand is greater than demand?
When demand is greater than supply a supply shortage or scarcity arises and prices increase.
If demand decreases and supply is constant what happens to the equilibrium price?
If demand decreases and supply is constant, the price will increase.
What happens to prices when demand is greater than suply?
They rise. Supply & demand.
What happens to both the supply and demand as the price decreases?
If the price decreases then the economic law of demand & supply comes in operation with increase in demand and decrease in supply, as the producer will not supply at the price unsuitable to them in the market .
Relationship between demand and supply?
1:inverse relationship between supply and demand 2:supply depends upon the demand of a commodity, that it might be positive or negative. 3:supply always depends upon demand but demand never depends to supply. 4:a supply never affects the demand of a commodity but demand always affect to its supply. 5:demand is the initial stage but supply is the stage after demand. 6:supply have a positive relations to price whereas demand has a negative relations with price. 7:supply and price has a direct relations or positive relation. 8:law of supply relates to the price and supply of a particular commodity in a particular time period. 9:price has a connections with demand and supply that it affects both supply in a positive way and demand in a negative way and if price changes then both demand and supply will change. 10:demand curve shows the changes positions of demand in a different price level of a particular commodity where demand schedule also shows the changes positions of demand in a different price level of a particular commodity, hence both have a common objectives to depict the same result in a different way.
What happens to the supply and demand of diesel in the winter?
jack
