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What does fixed supply mean?
Fixed supply refers to a situation where the total quantity of an asset or resource is capped and cannot be increased. This concept is commonly associated with commodities like gold or certain cryptocurrencies, where a predetermined amount exists. As demand for such assets grows, their scarcity can lead to increased value, as no additional supply can be created to meet that demand. In economic terms, fixed supply often contributes to price volatility based on market fluctuations.
How are electric rates determined?
Electric rates are determined by the individual electricity provider. Typically electric companies have different rates and the price is determined based on supply and demand. This means that prices can fluctuate frequently, usually upwards in price, so one should look in to locking in to a fixed price deal where possible.
What is a fixed mixture?
A fixed mixture is a combination of substances that always maintains the same composition and properties throughout. The components of a fixed mixture are evenly distributed and cannot be separated by physical means like filtration or distillation. Examples include alloys like bronze and solutions like salt water.
When considering how changes in volume affect total fixed costs it is important to consider?
When considering how changes in volume affect total fixed costs, it is important to keep in mind that fixed costs remain constant regardless of the level of production or sales. This means that as volume increases, fixed costs per unit decrease, but total fixed costs remain the same. It is essential to understand this concept for accurate cost analysis and decision-making.
What does with fixed opinions mean?
Having fixed opinions means holding rigid beliefs or attitudes that are resistant to change. It implies being closed-minded or unwilling to consider alternative perspectives or new information that may challenge one's existing views.
What is fixed supply?
Fixed supply is the kind of supply which is not expected to run out in the near future. For example, oxygen and sunlight can be said to have fixed supply.
What is ac and DC supplies?
AC supply means the supply voltage is alternating one. Supply has some particular frequency and magnitude. e.g. usual power supply to domestic use DC supply means the supply voltage (or current) is not alternating. It is fixed one. i.e. frequency is zero. e.g. batteries
What do you mean with the statement A fixed supply means that real estate prices will fluctuate with demand?
The statement refers to basic microeconomics:Under the condition of a fixed supply, demandalone determines price. Supply is constant.Under other conditions, Supply is represented on a graph as a line that slopes upward, while demand is a line that sloped downward. That is that as the quantity suppliedincreases, so does price. As the price increases, the quantity demanded decreases. Where the two curves meet is called the Equalibrium.Under the condition of a fixed supply, supply is not represented by a curve, but a vertical line. Demand is still a curve, but the quantity demandedcannot exceed the supply.edit: That answer is hyper-technical, and reads like a modern textbook. The terms, "demand" and "fixed supply" refer exactly to this type of graph. In English, the question simply means that the price of real estate will go up or down depending solely on how much people are willing to pay.
What does fixed costs means?
what does fixed costs mean
Why is supply fixed in the short run?
Agricultural supply is fixed in the short run because only a certain number of plants are sown in the spring. One cannot produce more if the time for planting is past.
What does fixed expenses mean?
the word fixed expenses means to rent
The root word firm means what?
it means fixed...
What are maturity of fixed assets?
maturity of fixed assets means the completion of useful life of fixed assets.
What is a fixed return?
Fixed return means - The returns on our investment are fixed and will not fluctuate. For example, the returns on bank time deposits (fixed deposits) are fixed and will not fluctuate.
Describe two ways to increase the current in a circuit?
1. Increase the voltage while holding the resistance constant.and2. Decreasing the resistance while holding the voltage constant.For a fixed load, increase the supply voltage. For a fixed supply voltage, increase the load.So that there is no confusion, 'increasing a load' means reducing the resistance (in the case of a d.c. circuit) or reducing the impedance (in the case of an a.c. circuit).
What is a movement from one point to another on a fixed supply curve?
Quantity supplied
What does fixed amount mean?
In that use the term "Fixed" means a known quantity or a specific amount. If you have a "fixed amount of cash" it means you know there is a specific amount available and no more.
