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If price rises what happens to supply for a product?
it rises
What happens to the equilibrium price and quantity when demand rises less than supply rises?
When price and quantity demanded rises less than supply rises then shortage of goods create.
What happens to the equilibrium when supply rises and demand stays the same?
Shortage will occur.
Demand rises and supply is constant?
No. If demand rises, then supply falls. Transveresly, if demand falls, then supply rises.
What happens when supply increases?
when the supply of a commodity increases but demand remains constant then price of the commodity falls which is called deflation with the result unemployment rises.on the other hand if supply rises and if demand also rises with same rate then this would have positive effect on the economy as the employment rises with out inflation.
If price rises what happens to supply for a product?
it rises
What happens to the equilibrium price and quantity when demand rises less than supply rises?
When price and quantity demanded rises less than supply rises then shortage of goods create.
What happens to the equilibrium when supply rises and demand stays the same?
Shortage will occur.
What happens when demand rises by more than supply rises?
Then more people will be employed and the unemployment rates will go down
Demand rises and supply is constant?
No. If demand rises, then supply falls. Transveresly, if demand falls, then supply rises.
What happens when supply increases?
when the supply of a commodity increases but demand remains constant then price of the commodity falls which is called deflation with the result unemployment rises.on the other hand if supply rises and if demand also rises with same rate then this would have positive effect on the economy as the employment rises with out inflation.
What happens to the equilibrium price and equilibrium quantity if the demand decreases and the supply is constant?
price rises and quantity increases
If the cost of input rises what will happen to supply?
there is a shift in the supply curve when the cost of input rises.
What is the relationship between inflation and money supply?
Money itself, as it is used in today, is an idea only. When money isn't backed by something solid it is less valuable than previously and causes things to cost more because of the lack of solidity of the money as it is only an idea and everyone is trying to capture the idea and make it concrete. Perhaps also because if there is more money in circulation in theory people have more money to spend, therefore they can afford to spend more.
What happens to supply when more producers enter the market?
Supply goes up, so competition rises - and prices should go down, unless demand increases comeasurately.
What happens when domestic income rises?
What happens when domestic income rises?
What causes supply to grow as price rises?
law of supply
