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Physical meaning of vector?
A quantity involving direction and magnitude is called physically vector A quantity involving direction and magnitude is called physically vector
What is a symbol used to represent a quantity that can change called?
It is called a variable.
What is the physical quantity of area?
The physical quantity is simply called area. The official unit (in SI) is the square meter.
What is dimensional formula?
the formula showing the relation between the unit of any physical quantity n the unit of fundamental physical quantity is called dimensional formula.........of dat quantity
What A unknown or changeable quantity is called a(n) .?
The answer is variable
What is it called when quantity supplied is more than quantity demanded?
Excess supply.
How can one calculate excess demand in a market?
Excess demand in a market can be calculated by subtracting the quantity supplied from the quantity demanded at a given price level. If the quantity demanded is greater than the quantity supplied, there is excess demand in the market.
How can one determine the excess supply in a market and calculate it effectively?
To determine excess supply in a market, compare the quantity of a good or service supplied by producers to the quantity demanded by consumers. Excess supply occurs when the quantity supplied exceeds the quantity demanded at a given price. To calculate it effectively, subtract the quantity demanded from the quantity supplied at a specific price point. If the result is positive, there is excess supply in the market.
When quantity supplied is greater than quantity demanded there is?
Excess supply.
How can one determine excess demand in a market?
Excess demand in a market can be determined by comparing the quantity of a good or service that consumers want to buy at a given price with the quantity that producers are willing to supply at that price. If the quantity demanded exceeds the quantity supplied, there is excess demand in the market.
What factors contribute to the presence of excess demand and excess supply in the market?
Excess demand occurs when the quantity demanded exceeds the quantity supplied at a given price, leading to shortages. Factors contributing to excess demand include high consumer demand, low prices, and limited supply. Excess supply, on the other hand, happens when the quantity supplied exceeds the quantity demanded, resulting in surpluses. Factors contributing to excess supply include low consumer demand, high prices, and oversupply.
Condition which the quantity demanded is greater than the quantity supplied?
Shortage of supply, or Excess/surplus of demand
What factors contribute to the presence of excess supply and excess demand in the market?
Excess supply in a market occurs when the quantity of a good or service supplied exceeds the quantity demanded at a given price. This can happen due to factors such as overproduction, changes in consumer preferences, or a decrease in demand. On the other hand, excess demand occurs when the quantity demanded exceeds the quantity supplied at a given price, which can be caused by factors such as shortages, sudden increases in demand, or price ceilings.
What is the excess demand formula used to calculate the imbalance between the quantity demanded and supplied in a market?
The excess demand formula is calculated by subtracting the quantity supplied from the quantity demanded in a market. This formula helps to determine the imbalance between what consumers want to buy and what producers are willing to sell.
How can one identify excess demand on a graph?
Excess demand on a graph can be identified where the quantity demanded is greater than the quantity supplied, resulting in a shortage. This is shown by a point above the equilibrium price on the supply and demand graph.
When quantity supplied is more than quantity demanded its called?
A quantity supplied is more than quantity demanded its called A Surplus.
What does it mean if a firm has excess capacity?
a firm has excess capacity if it produces below its efficient scale, whcih is the quantity at which total cost is a minimum.
