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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.


A fixed supply means?

A fixed supply means that the quantity of a particular asset or currency is limited and cannot be increased. This can create scarcity, which can impact the value and price of the asset in the market. Examples include Bitcoin, which has a fixed supply of 21 million coins.


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 overall supply mean?

In math what does supply 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 costs means?

what does fixed costs mean


What is a movement from one point to another on a fixed supply curve?

Quantity supplied


What does fixed expenses mean?

the word fixed expenses means to rent


What is change in quantity supplied?

It is a movement from one point to another on a fixed supply curve.


What does supply mean in economics?

Supply is the amount of a product.


Food cost fixed or variable?

The cost of all food is variable, depending on supply and demand.


What does a decreas in supply mean?

A decrease in supply simply means that the supply is shrinking or has shrunk...