1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Bad White [126]
3 years ago
15

Based on the laws of supply and demand, which situation would lead to a shortage? A) Consumers are unwilling to pay for the prod

uct. B) Businesses are unwilling to reduce the inventory. C) The price of a product falls below the equilibrium price. D) The price of a product rises above the equilibrium price.
Geography
2 answers:
Alenkasestr [34]3 years ago
8 0
<h2>Answer:</h2>

<u>C) The price of a product falls below the equilibrium price. </u>

<h2>Explanation:</h2>

On the off chance that the market cost is above the equilibrium value, the stock provided is more prominent than demand requested, making an excess. Market cost will fall.  

For example in the event that you are the maker, you have a great deal of abundance stock that can't sell. Will, you put them at a bargain? It is definitely a yes. When you bring down the cost of your item, your item's amount requested will ascend until the balance is come to. Thus, surplus drives cost down.  

When the market cost is below the equilibrium price, stock provided is not as much as demand requested, making a shortage. The market isn't clear. It is in deficiency. Market cost will rise due to this deficiency. In the event that you are the maker, your item is constantly out of stock. Will you raise the cost to make more benefits? Most revenue-driven firms will say yes. When you raise the cost of your item, your item's amount requested will drop until the balance is come to. In this manner, shortage drives cost up.  

Varvara68 [4.7K]3 years ago
3 0

The answer is; C

Equilibrium price is determined through the balance between the quality of the good or service being  supplied and its demand in the market (wit6hout external influence such as from government). If the market price is set higher than the equilibrium price, then the good or service will be taken up more by the market than it can be replenished by the supplier/manufacturers hence creating a shortage in the market.


You might be interested in
George Wa × vellum.ecollege.com/course.htmI?courseId=1 4859056&amp;OpenVellumHMAC-1 da56d9ee7867fa4 586 5c6f6aacf23aa #1000 Eart
kenny6666 [7]

Answer: The Turquoise Lake as seen nowadays in Colorado is a result of the 1850´s modern warming climate transition, lingering away from the Little Ice Age times occurred 500 years ago. This given period was characterized by snow blowing winds that  accumulated ice through thermal compaction, generating the glaciers as we see them.

Explanation: Terminal and recessional moraines are the terminus of a glacial feature. Moraines are the sedimentar charges carried by melted glacials. Consequence of those is the repositioning of the snow downwards the valleys. The ice, initially attached to the glaciers and mountain tops, undergoes melting by seasonal and/or climate transition warming, resulting on circumstancial water deposits that place on the basin/lower areas of the mountain chains, forming lakes.

3 0
3 years ago
Canada is bordered to the east by the Atlantic Ocean, which is shown by the number
IceJOKER [234]
The answer to the question  is 2 
3 0
3 years ago
Read 2 more answers
Select any/all of the following that are TRUE statements about convergent plate boundaries. Convergent boundaries are where two
Virty [35]

Answer:

From the statements mentioned about Convergent Boudaries we can select the following as true.

- Convergent boundaries are where two plates move toward each other. By definition this statement is true.

-  New oceanic plate (oceanic lithosphere) is created at convergent boundaries. True, a new oceanic plate can form from the action of convergent boundaries at midocean, lava and million of years do the remaining job.

- Convergent boundaries that have subduction occurring provide a "pull" force that contributes to plate motion. False, Subducting melt and ascend trough the rock creating a volcanic eruption cone and producing an island chain.

- Oceanic plates can be destroyed at convergent boundaries due to subduction. False, The older plate will subduct due to its density and it is forced deep into the mantle, it will melt once the deepth is reached.

3 0
3 years ago
Which sport was brought to Mexico by the Spanish? American football hockey wrestling bullfighting
vfiekz [6]

Bullfighting was brought to Mexico by the Spanish.

7 0
3 years ago
Read 2 more answers
1. Louis XlV was a divine right monarch. What does this mean, and how does Louis use religion to strengthen his political positi
Snowcat [4.5K]
Louis XIV believed in the "divine right of kings," where he said that he had the right to rule because he was ordered by God. He uses this as basically an excuse to rule like a tyrant and have autocratic control over everything.
7 0
3 years ago
Other questions:
  • A point charge Q is located a short distance from a point charge 3Q, and no other charges are present, then...? A point charge Q
    6·1 answer
  • The most commonly used method of moving people and goods in Central Africa is by _____.
    8·1 answer
  • What is the name of the highest mountain in the world
    10·1 answer
  • ________ is pulverized rock, lava fragments, and ash erupted from a volcano.
    9·1 answer
  • How does plate movement create mountains?
    13·2 answers
  • Which two parts of the Earth make up the lithosphere?
    14·2 answers
  • Which of these countries is currently going through rapid industrialization?
    13·1 answer
  • How does the rate of groundwater flow compare with that of ocean currents or river currents?
    6·1 answer
  • What do Volcanoes make?
    15·2 answers
  • Please identify what it is
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!