al9eandjulikat
al9eandjulikat al9eandjulikat
  • 13-03-2016
  • Business
contestada

What happens when the quantity of goods is higher than demand?

Respuesta :

Hagrid
Hagrid Hagrid
  • 14-03-2016
The answer is excess supply.
 Excess supply happens when the quantity of goods is higher than demand. In excess supply, the price is above the equilibrium level determined by supply and demand. It is the opposite of excess demand. It can also affect the supply and demand of another market. 
 
Answer Link

Otras preguntas

the current yield tends to understate a bond's total return when the bond sells for a discount because?
a student examined on object object under microscope the eyepiece is 5x while the is 10x how many times was the object magnified
5 1/3 divided by 2 2/3
which encryption method is based on the idea of using the same key for encryption and decryption of data?
F is the midpoint of EG. If F is at (2,-4) and G is at (8,2), where is E located? geometry homework help line
In which type of composition does a soloist or a small group of instruments interact wi dance suite sonata concerto chamber music
Summer Travels Charlie and his older brother, Bryan were driving to Washington, D.C.—the first week of Summer Break—-with their parents' minivan for a two–week
under a business auto policy with physical damage coverage for specified causes of loss, which peril is not covered?
An electric guitar costs $830, with a $225 full-replacement warranty. If the manufacturer sells 532,475 warranties and has to honor 12% of them, how much profit
PLEASE HELP I’m seriously struggling on these