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A market supply schedule is a chart that list how much of a good all suppliers will offer at different prices.
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Either the price drops until the consumers are prepared to buy more, or supplier are left holding surplus stocks until replacement purchases clear these inventories.
No manufactured good is truly non-perishable, and so will eventually require replacement.
Scarcity
Rationing
Imperfect Compitition
the company invests money collected from employers
saws and drills
A unitary-elastic supply indicates a good with a supply-price elasticity of one, which means that a 1% change in price increases supply by 1%.
Consumers are willing to pay a higher price for a good, so producers manufacture more of the good.
Mutual fund is a low risk investment. If you invest in a mutual fund, you owns shares of the mutual fund company who is selling you fund. But you do not actually own any underlying asset of the stocks or securities that mutual fund has invested in even they are using your money to invest.
raise prices
Yes. Equilibrium is created at the intersection of the Demand curve and Supply Curve. Equilibrium can be shifted if the Demand curve increases or decreases, and the same happens when the Supply curve increases or decreases. Without demand, you would just have a Supply curve.
Advantage Rent a Car was created in 1963.
Price changes affect the equilibrium price and quantity by Serving as a tool for distributing goods and services.
the difference in market and government occurs in the allocation of resources and labor division which determines the prices
whether to spend your two-week vacation on the shore or in town
If a consumer is waiting to buy a sweater he or she found at a department store until after the holiday season, which factor is most likely influencing the decision to wait?