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The quantity supplied the house for forty years.

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13y ago

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Related Questions

A change in quantity supplied is the result of what?

a change in quantity supplied is the result of


An increase in quantity supplied represented by?

An increase in quantity supplied is represented by demand.


When quantity supplied is more than quantity demanded its called?

A quantity supplied is more than quantity demanded its called A Surplus.


At equilibrium price the quantity is demanded always equal to the quantity supplied?

Yes, the equilibrium price equates the quantity supplied to the quantity demanded.


How can I determine the quantity supplied formula for a specific product?

To determine the quantity supplied formula for a specific product, you can use the basic economic principle of supply. The quantity supplied formula is typically represented as Qs a bP, where Qs is the quantity supplied, a is the intercept of the supply curve, b is the slope of the supply curve, and P is the price of the product. By analyzing market data and understanding the relationship between price and quantity supplied, you can derive the specific formula for the product you are interested in.


When does shortage and surplus occur?

A shortage occurs when quantity demand exceeds quantity supplied. A surplus occurs when quantity supplied exceeds quantity demanded.


How does the quantity supplied change as the price increases?

As the price increases, the quantity supplied also increases. This is known as the law of supply, which states that there is a direct relationship between price and quantity supplied.


When quantity supplied exceeds quantity demanded there is?

surplus


When does law of supply occur?

When price rises, the quantity supplied rises; as price falls, the quantity supplied falls.


An increase in quantity supplied is represented by?

An increase in quantity supplied is represented by demand.


What is a measure of the way quantity supplied reacts to a change in price?

It is Price Elasticity of Supply. It is defined as the ratio of a percentage change in quantity supplied to the percentage change in price (which brought about the change in quantity supplied).


The measure of the way quantity supplied reacts to change in price is?

It is Price Elasticity of Supply. It is defined as the ratio of a percentage change in quantity supplied to the percentage change in price (which brought about the change in quantity supplied).