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
17,471,966 questions answered
Popular Conversations
A drama class has a total of 46 students. The number of females is ...
Weegy: 26 males and 19 females
9/21/2014 2:33:45 PM| 3 Answers
The Italian word for fish is pesce. Which sign of the zodiac is a ...
Weegy: A. Pisces User: Which of these modern words was created by modifying the word fanatic, which means "someone ...
9/21/2014 3:40:55 PM| 3 Answers
Whats 5+5? User: What is Japan?
9/21/2014 5:45:53 PM| 2 Answers
What is the rococo style?
9/21/2014 9:54:42 PM| 2 Answers
What is the value of p – (–3.5) when p = 8.2? User: What value of x ...
Weegy: –7.12 = –4.8 + x -7.12 = -4.8 + (-2.4) x = -2.4
9/22/2014 6:03:27 AM| 2 Answers
Weegy Stuff
S
R
L
1
1
P
C
1
P
1
1
L
P
C
P
C
1
P
C
L
P
C
1
P
C
P
C
P
C
L
Points 2449 [Total 26847]| Ratings 5| Comments 2399| Invitations 0|Offline
S
L
1
L
P
C
1
Points 2177 [Total 8708]| Ratings 9| Comments 2087| Invitations 0|Offline
S
L
C
P
C
1
L
L
P
C
1
Points 1860 [Total 17799]| Ratings 13| Comments 1730| Invitations 0|Offline
S
L
1
1
1
1
L
1
L
Points 1826 [Total 11606]| Ratings 0| Comments 1826| Invitations 0|Offline
S
L
P
C
L
P
C
P
C
L
P
C
P
C
P
C
Points 1627 [Total 18799]| Ratings 6| Comments 1567| Invitations 0|Offline
S
1
L
1
L
P
P
L
Points 622 [Total 11868]| Ratings 0| Comments 622| Invitations 0|Offline
S
L
P
C
P
C
1
L
P
C
L
P
C
P
C
P
C
P
C
Points 564 [Total 19095]| Ratings 1| Comments 554| Invitations 0|Offline
S
L
Points 550 [Total 1220]| Ratings 0| Comments 550| Invitations 0|Offline
S
1
L
L
Points 439 [Total 5563]| Ratings 4| Comments 399| Invitations 0|Online
S
Points 64 [Total 64]| Ratings 2| Comments 34| Invitations 1|Offline
Home | Contact | Blog | About | Terms | Privacy | Social | ©2014 Purple Inc.