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
17,196,385 questions answered
Popular Conversations
Consider this quote: "In each of these historical instances . . . ...
Weegy: D. it stands for the omission of only a single word. User: Which of the following statements correctly ...
9/1/2014 8:30:28 AM| 2 Answers
The invasion of this region temporarily halted the fighting between ...
Weegy: The invasion of A.Korea halted the the fighting between the KMT and CPC. User: The letters DMZ stand for ...
9/1/2014 3:12:20 PM| 2 Answers
what is a complex sentence
Weegy: User: what is a simple sentence Weegy: User: what is a compound sentence Weegy: A compound sentence ...
9/1/2014 5:04:39 PM| 2 Answers
Every set of three points is coplanar.
9/1/2014 7:59:14 PM| 2 Answers
In a market without price controls, producers can charge the _____, ...
Weegy: In a market without price controls, producers can charge the EQUILIBRIUM PRICE, so that consumers will buy all ...
9/2/2014 7:29:00 AM| 2 Answers
Weegy Stuff
S
L
1
L
Points 213 [Total 6746]| Ratings 0| Comments 213| Invitations 0|Online
S
L
C
P
C
1
L
L
Points 159 [Total 16098]| Ratings 1| Comments 149| Invitations 0|Offline
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
Points 117 [Total 24516]| Ratings 0| Comments 117| Invitations 0|Offline
S
L
P
C
P
C
1
L
P
C
L
P
C
P
C
P
C
P
C
Points 73 [Total 18604]| Ratings 0| Comments 73| Invitations 0|Offline
S
L
1
1
1
1
L
1
Points 66 [Total 9846]| Ratings 0| Comments 66| Invitations 0|Offline
S
L
P
C
L
P
C
P
C
L
P
C
P
C
P
C
Points 54 [Total 17226]| Ratings 0| Comments 54| Invitations 0|Offline
S
Points 29 [Total 699]| Ratings 0| Comments 29| Invitations 0|Offline
S
P
C
L
P
L
1
Points 24 [Total 6081]| Ratings 1| Comments 14| Invitations 0|Offline
S
1
L
1
L
P
P
L
Points 24 [Total 11270]| Ratings 0| Comments 24| Invitations 0|Offline
S
1
L
L
Points 21 [Total 5145]| Ratings 0| Comments 21| Invitations 0|Offline
Home | Contact | Blog | About | Terms | Privacy | Social | ©2014 Purple Inc.