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Is the free-market quantity of public goods generally greater or less than the efficient quantity?
Wiki User
∙ 12y ago
Less than.
Wiki User
∙ 12y ago
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When quantity supplied is greater than quantity demanded there is?
Excess supply.
What is 2 times the quantity 4 greater than a number?
2 times the quantity 4 greater than a number
Is 4500 grams greater than 450000 milligrams?
They are exactly the same quantity.
What does infinate mean?
greater than any assignable quantity or countable number.
Which one is greater one sixth or five sixth?
Five of anything is generally greater than one of them.
What determines a price of a good service?
The price and quantity are generally determined by the demand for the products, e.g the desire by consumers to purchase them. Generally, the greater the demand, the higher the price, and the greater the quantity that will be produced for sale.
What determines the price and quantity produced of most goods?
Price and quantity produced of any given product and service is dependent on multiple economic, social and political factors. Assuming ceteris parabus (all else being equal) the quantity of supply and demand determine the equilibrium point, or price of a good or service.
What can you use to show that one quantity is greater than another quantity?
You use the "greater than" symbol, > .
When quantity supplied is greater than quantity demanded there is?
Excess supply.
When the quantity demanded is greater than the quantity supplied what is it?
could be shortage
If quantity demanded is greater than quantity supplied?
it is called a shortage
What is it when the quantity supplied is greater than the quantity demanded?
could be shortage
What is 2 times the quantity 4 greater than a number?
2 times the quantity 4 greater than a number
When quantity demanded is greater than quantity supplied the price will?
the price increase
What is the percent of change when the original quantity is greater than the new quantity?
The percentage change is always 100*(new-old)/old provided the old is non-negative. If the original quantity is greater than the new quantity, the percentage change will be negative - no big deal.
Condition which the quantity demanded is greater than the quantity supplied?
Shortage of supply, or Excess/surplus of demand
In order to become more efficient and to make greater profits both individuals and nations learn to?
They learn to specialize to become more efficient and make greater profits.
