With the reduced demand for gasoline production inventory, it will increase the demand for gas. Because the level of gasoline demand is decreasing, electricity has the potential to be an alternative energy source for the future, in the future, electric-powered cars remain a promising solution because it is supported by many car manufacturers who have started producing electric cars.
<h2>Further Explanation
</h2><h3>The impact of supply and demand imbalances
</h3>
If the available inventory is excessive, the inventory will incur high expenditure. Each item that is stored must require a fee.
However, if there is insufficient supply, it will hamper production activities, the risk can be lost sales and consumers.
In the equilibrium price, the law of supply and demand applies when the amount of demand is greater than the amount of supply, the price will rise, whereas if the amount of supply is greater than the amount of demand, the price will go down.
<h3>Changes in market balance
</h3>
Changes in market balance occur when there are changes in demand and or supply. If the factor causing the change is the price, the balance will return to the starting point. But if what changes are ceteris paribus factors such as technology for the supply side, or income for the demand side, the balance does not return to the starting point.
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Market supply and demand brainly.com/question/7876483
Market balance brainly.com/question/7876483
Details
Grade: College
Subject: Business
Keyword: inventory, market, balance