Formula to Find the Equity
The formula "length x width x height" is a general formula to find VOLUME?
The formula is 2pie(radius).
It is often possible to find an explicit formula that gives the same answer as a given recursive formula - and vice versa. I don't think you can always find an explicit formula that gives the same answer.
the cone base formula
excess supply in the market for bananas
We had an excess supply of bread.
Increase the price
Excess demand (a seller's market) means the product is in short supply and prices will rise. Excess supply (buyer's market) means too much product as compared to demand and therefore prices will fall.
Excess demand is easily eliminated by market forces. If either the price or the supply goes up, demand will decrease exponentially.
Excess supply occurs when, at a given time, the equilibrium price of the market is less than the price that the goods are supplied at.
A shortage is caused by excess demand rather than excess supply. It occurs when the quantity of a good or service that consumers want to purchase exceeds the quantity that producers are willing to supply at a given price. This imbalance can lead to higher prices as consumers compete for the limited available goods. In contrast, excess supply results in a surplus, where supply surpasses demand.
Price is one way to eliminate excess demand and excess supply. Once prices start to rise, the amount of people purchasing or needing certain products go down.
the government will buy those excess goods.
YES
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.
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.