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xenn [34]
3 years ago
11

Explain how the forms of demand supply will eliminate a market surplus

Law
1 answer:
jeka943 years ago
8 0
Two or three major things will affect this in a free market:

As a surplus develops, prices will drop because of oversupply.
As prices drop, profits drop, and production will be shifted to more profitable products.
If a residual surplus remains, it will be sold off at even lower discounted prices, because maintaining an excess supply is expensive, in terms of investment in product that is not returning anything on the investment, and additional losses due to warehousing or storage.
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Rich history of theft offenses
cricket20 [7]

Answer:

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Explanation:

8 0
3 years ago
Ozzy recently started working at a new company. He has been solicited several times to join the union of the company, but he wou
Ne4ueva [31]

Hello. This question is incomplete. The full question is:

Ozzy recently started working at a new company. He has been solicited several times to join the union of the company, but he would prefer not to. The union officials tell Ozzy that he won’t be allowed to keep working unless he joins the union. Which of the following is true?

-The union officials are pretending they have a closed shop and can't influence Ozzy's decision.  

-The union can't make Ozzy join the union, but it can require him to pay union dues.  

-Ozzy must now join the union because union shops are always legal.  

-Ozzy's requirement to join the union depends on his state of employment.

Answer:

-The union can't make Ozzy join the union, but it can require him to pay union dues.  

Explanation:

There is a law called the National Labor Relations Act that states that no employee should be required to be part of the union and that membership in the union should not be placed as a requirement for the occupation of a particular labor function. However, some states and some companies may adopt different approaches to their employees and the union.

 In some states in the country, although an employee is not required to become a member of a union, they allow an obligation for all employees to be required to pay at least part of the union's dues. In this case, we can say that in relation to the case shown in the question above, the union can't make Ozzy join the union, but it can require him to pay union dues.

7 0
3 years ago
Which cause-and-effect diagram best illustrates one main effect of informed
kotegsom [21]

Answer:

D. Citizens analyze the actions and words of elected officials -> Officials are held to account when they misbehave.

Explanation:

An informed citizen can better hold officials accountable for their actions. They can raise issue thru media or even their own blogs today. A. also has merit in that citizens educate themselves on important issues, but that should help dictate plans politicians should take, not make politicians communicate plans easier. Also C. Citizens understand how to acquire information leads to citizens are more likely to know how to vote. If C. was slightly reworded then it may be best as in citizens educate themselves on important issues and this leads to citizens making more informed votes. Instead, C. just says citizens understand how to acquire info instead of educate on the issues, and then it says know how to vote (there is not one know how way to vote), but rather should have said make an informed vote.

5 0
3 years ago
EASY//
n200080 [17]
To the question you asked the answer is D
8 0
3 years ago
GIVING BRAINLIEST PLEASE HELP!!
Monica [59]
A Explanation: Trust Me Bro
7 0
2 years ago
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