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
svetlana [45]
2 years ago
6

What is the balance between supply and demand called ?

Business
2 answers:
n200080 [17]2 years ago
5 0

The balance between supply and demand is known as the market equilibrium.

The supply and demand are determined through the price mechanism in a free market. Such as if the goods or services are bought more frequently then their prices will go up and vice versa.

This means that the price mechanism helps to determine what goods are to be produced. In the case where the demand for good increase will result in price go up and will ultimately result in producers supplying more of those goods.

This system of price helps to scale the point where competing demands may be weighed by the consumer or producer requirements.

However, the movement towards the price equilibrium and the resulting balance between the supply and demand is known as the market equilibrium.

Learn more on supply and demand here: brainly.com/question/4804206

marta [7]2 years ago
5 0

Answer:

I think it is Market equilibrium

You might be interested in
Rebecca wants to buy a new saddle for her horse. The one she wants usually costs $600, but this week it is on sale for $490. She
lutik1710 [3]

Answer:

high quality and the other one is a little more than I can say is that I was just wondering if you were still going to be able to make it to the store and get some rest and feel better soon and that is why I am asking for a friend to talk to you about it when I get home

5 0
3 years ago
1. consumer products such a s furniture and appliances are typically distributed using ______ distribution
GaryK [48]
1 is a and 2 is c i think
4 0
3 years ago
Which of the scenarios best reflects the meaning of the term inflation targeting? a) In anticipation of the upcoming election, t
zvonat [6]

Answer:

b) A central bank is expected to achieve a 3% annual inflation rate

Explanation:

Inflation targeting is a type of monetary policy where the central bank of a country sets an inflation rate as its goal or target.

5 0
3 years ago
Which of the following describes a potential risk for facing online predators?
wel
A.Tammy's little sister starts visiting online chat rooms to make friends
5 0
3 years ago
To get an idea of whether you should continue to run a search network campaign on search partner sites, you can:
ziro4ka [17]
You can separate or group the campaign's data by network and evaluate its performance on search partner sites
5 0
3 years ago
Other questions:
  • Kurt has $4,500 for a down payment and thinks he can afford monthly payments of $300. If Kurt can finance a vehicle with a 7 per
    7·1 answer
  • Bertrand Inc. performed services for clients in the amount of $1,600 on credit. If this transaction had been posted in error to
    10·1 answer
  • List five potential conflicts that ANY employee of the company could face, be it sales
    7·1 answer
  • When purchases of tennis socks decline following an increase in the price of tennis sneakers (other things remaining equal), the
    12·1 answer
  • A common-size income statement is useful for - comparing total assets and total liabilities of different firms. - comparing work
    8·1 answer
  • For each separate case, record the necessary adjusting entry. On July 1, Lopez Company paid $2,000 for six months of insurance c
    12·1 answer
  • The Postal Service is negotiating a new three-year agreement with two of its unions. One represents the clerks and one the mail
    6·1 answer
  • M Corporation has provided the following data concerning an investment project that it is considering: Initial investment$220,00
    5·1 answer
  • Is the value of all goods in an economy using current prices during the year that they were produced
    10·1 answer
  • your firm is contemplating the purchase of a new $545,000 computer-based order entry system. the system will be depreciated stra
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!