AAlexis8770 AAlexis8770
  • 21-10-2021
  • Business
contestada

in markets, prices move toward equilibrium because of

Respuesta :

swan2414 swan2414
  • 21-10-2021

Answer:

"The market price moves toward equilibrium because of the actions of the buyers and sellers in the market. Suppose there is a surplus in the market which means that supply is more than the demand. ... Similarly, when there is a shortage and price increase and a new equilibrium is achieved."

Explanation:

Answer Link

Otras preguntas

Make an equation with 123559 that equals 68.
State whether the ratios form a proportion. 16 to 18 and 24 to 27 A. Yes B. No
Why have the pyramids of Egypt survived whereas the ziggurats of Mesopotamia have not?
Which is the adjective phrase in the sentence? For xeriscape, use plants from desert areas, and you will need little water during the hot months A from desert
Toward the end of the nineteenth century, some American politicians and diplomats believed that the U.S should become an imperialist power. Explain at least two
The question is : Tina's science teacher shines a Lazer onto a screen .it is brighter than the white Light from the laboratory lights. Use your ideas about freq
Why was the 25th Dynasty so important for both Kush and Egypt?
what is x + 9≤10 as an inequalite ?
Which descriptions of Russia's geography are correct? Choose all answers that are correct. A. Most of Russia's rivers flow northward into the Arctic Ocean. B. M
Buddhism spread only by means of overland routes. A. True B. False