aiyanarob74 aiyanarob74

12-02-2020
Advanced Placement (AP)

contestada

What happens in a market when suppliers set prices higher than equilibrium and will not adjust to the market?

Respuesta :

jamescox16 jamescox16

13-02-2020

Answer:

Surplus and shortage: If the market price is above the equilibrium price, quantity supplied is greater than quantity demanded, creating a surplus. Market price will fall. If the market price is below the equilibrium price, quantity supplied is less than quantity demanded, creating a shortage.

Explanation:

Answer Link

Otras preguntas

I dont know how to do this and im currently crying !

You just hung a picture twelve inches above the wall trim.

In a race, 17 out of the 50 swimmers finished in less than 37 minutes. What percent of swimmers finished the race in less than 37 minutes? Write an equivalent

After many studies, a researcher finds that the probability that a word recognition app correctly interprets a handwritten word is 1/6 . Which statement is tr

Which statement is true about the graphs of the two lines and ? The lines are perpendicular to each other because –8 and are opposite reciprocals of each ot

1. open circle or closed 2. where do i point to the circle 3. Already answered the top question ( between 8.5 and 9 is wrong)

The perimeter of the rectangle below is 100 units. Find the length of side VW ?

Which characteristic would you be more likely to find in a written text than in a speech and why?

Please help I don't understand!

What conditions gave rise to the Great Depression and how did the New Deal attempt to end it? Give examples.