Question and answer
what happens to quantity supplied and demanded when there is an excess demand
Excess Demand occurs when Quantity demanded > Quantity supplied, and results in shortages at current prices. [ In cases of excess demand: buyers cannot buy all they want at the going price sellers find that their inventories are decreasing sellers can raise prices without losing sales prices increase until market reaches equilibrium ]
Expert answered|piash|Points 1528|
Question|Rated bad
Asked 9/30/2011 6:03:24 AM
0 Answers/Comments
Get an answer
New answers
Rating

There are no new answers.

Comments

There are no comments.

Add an answer or comment
Log in or sign up first.
Questions asked by the same visitor
as a woman would it be right to propose love to a man?
Weegy: It is becoming more and more common in many regions that women propose love to men, ask them out on dates, and even propose marriage! It really depends on the social norms where you live. User: my social norms does not accept such occurrence, so what do I do Weegy: If it is not acceptible in your culture, then I would not do it. Rather be kind and friendly toward the man and hope that he notices and develops feelings for you. (More)
Question
Expert Answered
Asked 9/30/2011 6:08:27 AM
0 Answers/Comments
where does the supply curve shift to when price of a good rise
Weegy: he price P of a product is determined by a balance between production at each price (supply S) and the desires of those with purchasing power at each price (demand D). (More)
Question
Expert Answered
Asked 9/30/2011 6:21:35 AM
0 Answers/Comments
0 questions answered
Popular Conversations
The president is also known as the "commander in chief." The term ...
Weegy: Which of the following BEST describes the concept of a pocket veto? A. The president vetoes a bill by ignoring ...
5/2/2015 9:02:33 AM| 2 Answers
Which of the following is the most effective way to encourage ethical ...
Weegy: The most effective way to encourage ethical business behavior is to establish and enforce a corporate code of ...
5/2/2015 12:07:56 AM| 1 Answers
Adipose tissue
5/2/2015 12:22:00 AM| 1 Answers
omega-3 fatty acids
5/2/2015 12:23:43 AM| 1 Answers
After 1965, black civil rights leaders found it difficult to A. ...
Weegy: After 1965, black civil rights leaders found it difficult to achieve economic equality in the North.
5/2/2015 12:25:46 AM| 1 Answers
Weegy Stuff
S
Points 161 [Total 691]| Ratings 0| Comments 161| Invitations 0|Offline
S
1
Points 29 [Total 421]| Ratings 0| Comments 29| Invitations 0|Offline
S
P
C
L
P
L
1
P
P
1
P
1
Points 15 [Total 8761]| Ratings 0| Comments 15| Invitations 0|Offline
S
L
Points 11 [Total 3765]| Ratings 0| Comments 11| Invitations 0|Offline
S
1
L
L
Points 10 [Total 8193]| Ratings 0| Comments 10| Invitations 0|Online
S
Points 3 [Total 231]| Ratings 0| Comments 3| Invitations 0|Offline
Points 0 [Total 0]| Ratings 0| Comments 0| Invitations 0|Offline
Points 0 [Total 0]| Ratings 0| Comments 0| Invitations 0|Offline
S
Points 0 [Total 0]| Ratings 0| Comments 0| Invitations 0|Offline
S
Points 0 [Total 0]| Ratings 0| Comments 0| Invitations 0|Offline
Home | Contact | Blog | About | Terms | Privacy | Social | ©2015 Purple Inc.