All categories

3 years ago

Excess supply is created when price or ____ move away from the equilibrium point.

Business

2 answers:

krek1111 [17]3 years ago

7 0

Answer

Excess supply is created when price or <u>quantity</u> move away from the equilibrium point.

Explanation: When the market price is high than the equilibrium price, the quantity supplied is higher than the quantity in demand, it will create a surplus and market price will fall.

When the market price is less than the equilibrium price, the quantity supplied is less than quantity demanded and creates a shortage. Now, the market is not clear. Market price will go up because of shortage.

Normally for any good, quantity supplied is equal to quantity demanded at a set price. If buyers are more than sellers at a certain price, the price will go up until some of the buyers are not interested, or some people who already not considered that they want to sell goods. This process continues until the buyers and sellers become equal which should happen at the equilibrium point.

ahrayia [7]3 years ago

4 0

Answer:

The answer is QUANTITY

Explanation:

Also D. on edgen.

You might be interested in

On January 1, 2018, Gemini Corporation leased equipment under a finance lease designedto earn the lessor a 12% rate of return fo

Temka [501]

Answer:

14,23,856

Explanation:

Gemini will record the right of use asset at NPV and NPV can be calculated by by multiplying the annual lease payment with th

discount factor after adding maintainance and insurace cost.

Year Lease Payment Maintainance Insurance Factor PV

1 2,25,000 15,000 12,000 0.8929 225,000

2 2,25,000 15,000 12,000 0.7972 200,893

3 2,25,000 15,000 12,000 0.7118 179,369

4 2,25,000 15,000 12,000 0.6355 160,151

5 2,25,000 15,000 12,000 0.5674 142,992

6 2,25,000 15,000 12,000 0.5066 127,671

7 2,25,000 15,000 12,000 0.4523 113,992

8 2,25,000 15,000 12,000 0.4039 101,779

9 2,25,000 15,000 12,000 0.3606 90,874

10 2,25,000 15,000 12,000 0.3220 81,137

Present Value 1,423,856

Gemini will record the right of use at 1,423,856

3 0

4 years ago

What is the present value of the following series of payments:

Alex787 [66]

Answer:

he made about 300

Explanation:

5 0

4 years ago

Consumed to fuel day to day expenditure

olga55 [171]

Energy Expenditure can be expressed as a gross or net term. The total amount of energy expended for a specific activity including the resting energy expenditure. Gross energy expenditure is typically used for between person comparisons. Hope it helps

5 0

4 years ago

In the 1990’s the central business and residential districts of cities in the united states became the focus of a revitalization

rewona [7]

An Urban arrangement which expands the city outskirt into a high-wage, private neighborhood. The administration can give impose credits for individuals who are attempting to protect houses. They can do open business organizations where the administration gives a modest rent on government-possessed land to a fundamental industry with a specific end goal to make more occupations. They can tear down open lodging and assemble it in suburbia with the goal that open lodging can be utilized for business organizations or for open business associations. They can rezone so that private ends up plainly business, which can make the property estimations go up, accepting organizations will move in.

8 0

3 years ago

Microeconomic models can be very useful for individuals, governments, and firms in making decisions because they:

Crazy boy [7]

<span>a. allow decision makers to determine what is fair. </span>

8 0

4 years ago