With everything else remaining constant, an increase in supply will result in a decrease in the equilibrium price and an increase in the amount required.
The equilibrium price will increase as the supply declines, while the quantity needed will go down. Demand and supply forces are balanced at an equilibrium price. Prices have a propensity to return to this equilibrium unless certain demand or supply characteristics alter. When demand, supply, or both move or change, the equilibrium price will change. Price decreases and quantity increases as supply grows. Price increases and quantity declines cause a drop in supply. The equilibrium price rises if the increase in supply exceeds the increase in demand. The equilibrium price falls if the increase in supply is greater than the rise in demand. Equilibrium quantity rises in both scenarios. The equilibrium price and quantity are impacted by upward movements in the supply and demand curves. The equilibrium price rises but the quantity decreases if the supply curve changes upward, indicating that supply declines but demand remains constant. For instance, pump prices are expected to increase if gasoline supply are reduced.
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A company's net profit tells you how much money the company has left over after subtracting all expenses.
The revenue would not be an answer because the revenue would be how much earned.
Answer:
it depends on which way you mean the word its a noun or its a computing deally thing
Explanation:
the noun is the state of existing but not quite developed
computing- the delay before a transfer of data begins following an instruction to transfer
Answer: are recoverable only when extreme circumstances justify penalizing the defendant.(A)
Explanation:
Punitive damages, also called exemplary damages, are damages assessed to punish the defendant for conducts that are deemed outrageous and to prevent others from engaging in similar acts.
Punitive damages are sometimes awarded when there's a bad faith breach. Punitive damages are not recoverable in case of breach of contract and are only recoverable in cases whereby extreme circumstances justify the defendant to be penalized, such as when the breach of contract is malicious or willful.
Answer:
A need is something you can live without. a want is something you would like to have. is what you give up when making a financial decision.
Explanation: