mburumuturi mburumuturi
  • 02-08-2021
  • Business
contestada

b) Discuss the adjustment mechanism on real and good market in the economy from disequilibrium

Respuesta :

rywardghimire
rywardghimire rywardghimire
  • 02-08-2021

Answer:

Disequilibrium refers to a situation in which demand does not equal supply. For example, the demand for a good might be 6, and the supply might be 10. The excess supply is 4. One possibility is that the excess supply causes the price of the good to fall, raising demand and reducing supply, and equilibrium results.

ls this your answer

Answer Link

Otras preguntas

A moving company is trying to store boxes in a storage room with a length of 5 m, width of 3 m and height of 2 m. How many boxes can fit in this space if each i
Why did the goverment ration goods for people to buy?
who decided the election of 1800 and why ?
what religion did mansa musa of mali help spread
Why do we use granite?
is 10 yards less than 360 inches
Show that 9x^2-17x-85=0 give you solutions to 3 correct significant figures There are two possible answers for x
is 10 yards less than 360 inches
What is the correct term for a release of an ovum in the female reproductive system?
If a > 0 and b < 0, then which of the following must be true. ab > 0 a + b < 0 a - b > 0 a + b > 0 b - a > 0