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skelet666 [1.2K]
3 years ago
9

Excess supply will result in suppliers ________ prices, which encourages demanders to demand ________ .

Business
1 answer:
Mandarinka [93]3 years ago
8 0

Answer:

The correct words for the blank spaces are: lowering; more.

Explanation:

In case firms have an excess of supply, they will rather sell their products at a lower price than keeping them stored for loss. According to the supply and demand theory, <em>if the prices decrease, so will the quantity supplied but the quantity demanded will rise</em>.

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The increase will reflect in the GDP deflator and the Consumer price index.

The GDP Deflator is used to measure the level of prices of all new and domestically produced goods and services in an economy.

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Consumer Price index is used to measure the inflated price of goods and services which are faced by all consumer households.

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Read more on this here

<em>brainly.com/question/14868990</em>

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2 years ago
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3 0
3 years ago
Which type of economist would be least supportive of attempts to build a new high-speed railway network by raising taxes on gaso
astraxan [27]
<span> a) Classical economists b) Keynesians c) Monetarists d) None would be supportive                                                                                                                          ____________________________________________________________</span>

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3 years ago
An acceptable use policy defines procedures employees should perform to protect the network's security.Answer
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True because its true

5 0
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Residual, a company that manufactures soda, offers its latest products at very low prices. Residual's strategy is based on the a
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Answer:

"Penetration pricing" is the right answer.

Explanation:

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Thus the above is the appropriate solution.

7 0
3 years ago
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