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When a market operates so that there are no shortages and no surplusesthen the market is?
Wiki User
∙ 14y ago
At equilibrium.
Wiki User
∙ 14y ago
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What two factors led to the tsar's abdication?
The Tsar abdicated b.ecause he was a bad ruler. People didnt like him. There were food shortages and fuel shortages meaning a famine. Also he got full blame for the war. I cant be bothered to write any more but just s google it and essays after essays will come up and so will short ones like mine:)
What is dm cube?
According to latest market trends, the word DM is nothing but "Digital Marketing". So forget mathemetics, DMCube is nothing but Digital Marketing area... [Visit - dmcube.com]
What is rationing function of price?
Provided that the product is not a Veblen or a Giffen good, as its price increases fewer people can afford the commodity and so the demand for it decreases. This is a form of rationing in which the poorest people are priced out of the market.
How much is 7.6 grams of 14kt gold worth in dollars?
I just got 140.00 dollars for a 14 carat gold necklace which weighed 7 grams. I did some research and this was pretty standard. Gold does fluctuate from day to day so it depends on that days stock market prices.
How much is a 1.35 fancy yellow diamond worth?
Every diamond is worth what someone will pay you for it. Best practices dictate that you take this stone to a certified gemologist, who will prepare a certificate for you authenticating its depth of 'fancy' colour, and otherwise evaluating the individual characteristics of this diamond, so that you have an idea of its market value.
Command economies as in the former Soviet Union often have terrible shortages of common consumer goods like bathroom tissue How do market economies usually avoid such terrible shortages?
In market economies consumers learn not to want things that are not supplied, so there can never be a real shortage in a market economy.
Is Walmart a communist?
A store cannot be a member of a political party.
How did some people bend the rules or cope with shortages during world war 2?
It was hard in WW2, with rationing and shortages of necessities, so mostly people had to make do and mend, re-use or just be out of supplies.
Is Japanese capitalism?
Japan operates a market economy that adheres to many basic capitalist concepts. However because it does expect citizens to pay tax for infrastructure and some public services so it would be fair to describe it as a mixed economy.
Why do some places suffer water shortages?
Water shortages can be caused by overuse of the available water resources. it can also be caused by drought or a shortage of rainfall. Diversion of water sources to other areas can also cause shortages.
What was the black market in the Diary of Anne Frank?
In the Diary of Anne Frank, the black market refers to the illegal trade of goods and supplies that were scarce during World War II, such as food, clothing, and other essentials. It was a way for people to obtain necessary items that were otherwise unavailable due to the restrictions and shortages caused by the war.
When all shortages of tools on hand receipt annex are filled remove file and?
You need to re-write so your meaning is clear.
Why is Africa so short on food and water?
Historic, epic rainfall shortages have significantly reduced their ability to grow their own foods.
Why is Queen Victoria market so famous?
Queen Victoria Market is so famous because it is the biggest open air market in the southern hemisphere.
What voltage does an inducer operate on and a furnaces?
Put a 50 volt is what inducer operates on. So does a furnaces.
Why were women so mad during the French Revolution?
They were unable to feed their families because of food shortages, high prices and high taxation.
Were there any shortages in 1940?
Yes, since world war ll was going on people had to ration so the soldiers could get some food to.
