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If demand and supply don't intersect on the positive quadrant of the graph, then producing and selling the product isn't feasible. There are things that can adjust the two lines so that they do intersect on the positive quadrant, such as lowering the cost of production to better facilitate supply.
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Relationship between demand and supply?
1:inverse relationship between supply and demand 2:supply depends upon the demand of a commodity, that it might be positive or negative. 3:supply always depends upon demand but demand never depends to supply. 4:a supply never affects the demand of a commodity but demand always affect to its supply. 5:demand is the initial stage but supply is the stage after demand. 6:supply have a positive relations to price whereas demand has a negative relations with price. 7:supply and price has a direct relations or positive relation. 8:law of supply relates to the price and supply of a particular commodity in a particular time period. 9:price has a connections with demand and supply that it affects both supply in a positive way and demand in a negative way and if price changes then both demand and supply will change. 10:demand curve shows the changes positions of demand in a different price level of a particular commodity where demand schedule also shows the changes positions of demand in a different price level of a particular commodity, hence both have a common objectives to depict the same result in a different way.
What are the ratings and certificates for Supply and Demand - 1997 TV?
Supply and Demand - 1997 TV is rated/received certificates of: Australia:PG
What cause panics in the 1800s?
The supply of goods exceeded the demand
Why is there an inverse relationship between demand and price?
If something is in high demand but there is a limited supply of it then the price goes up. Kinda of like the price of gasoline. There isn't a limited supply and alot alot of people need it for their cars and other things etc so it drives the price. If there isn't a high demand for it then the price is generally reasonable. They are inversely related. Directly related is supply and demand.
What caused the economic panic in the 1800s?
The supply of goods exceeded the demand
What place is the place where supply and demand curves intersect?
The point where supply and demand intersect is the equilibrium point. This is the point where quantity demanded and quantity supplied are equal.
What is needed to dertermine the equilibrium of a good or service?
by finding where the supply curve and the demand curve intersect
What is located at the point where the supply and demand curves intersect?
The equilibrium price.
Where do equilibrium occurs in economic?
Where the demand curve and supply curve intersect.
What is point located at the supply and demand curves intersect?
The equilibrium price.
The location on a graph where supply and demand intersect is called?
Point of equilibrium!
What is meant by the equilibrium price?
It is the price where demand equals supply in a competitive market.
What istha location on a map where supply and demand intersect called?
market equilibrium / market clearing price.
How is the equilibrium price determined?
It is the price where the intentions of buyers and sellers match. where the supply and demand curves intersect
Which most accurately describes how the equilibrium price of a good or a service can be determined?
By finding where the supply curve and the demand curve intersect.
What is exceptional demand and supply?
i dont have the answer i need the answer plz help me
Which the following most accurately describes how the equilibrium prices of a good or service can be determined?
By finding where the supply curve and the demand curve intersect.
