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Point where demand and supply meet?
The point where supply and demand meet is called market equilibrium.
What do you call the point where the demand curve and the supply curve meet and what does that point tell you?
your mum:D:D:D:D:D hahahahaha
When a firm makes a profit by producing enough goods to meet demand without having leftover supply at what point is it?
When a firm makes a profit by producing enough goods to meet demand without having leftover supply the point of profit is where marginal revenue equals marginal cost.
When supply of a product is not enough to meet demand?
scarity
When a firm makes a profit by producing enough goods to meet demand without having leftover supply at what point is this?
The point where marginal revenue equals marginal cost
Point where demand and supply meet?
The point where supply and demand meet is called market equilibrium.
What is work efficiency?
The point where the y and x axis meet. You are at your maximum potential of output based on your Supply and Demand curves. See equilibrium .
What do you call the point where the demand curve and the supply curve meet and what does that point tell you?
your mum:D:D:D:D:D hahahahaha
Which point on the graph represents the equilibrium price?
Supply and demand graphs meet at the equilibrium price.
When the demand does not meet supply what is that called?
When the demand for a good or service exceeds the available supply, it is called a shortage. Shortages occur when there is an imbalance between the quantity demanded by consumers and the quantity supplied by producers at a given price. This imbalance can lead to higher prices, long wait times, and potential rationing of the limited supply.
When a firm makes a profit by producing enough good to meet demand without having leftover supply at what point is it?
When a firm makes a profit by producing enough goods to meet demand without having leftover supply the point of profit is where marginal revenue equals marginal cost.
What is the point where two curves meet called?
cusp
When a firm makes a profit by producing enough goods to meet demand without having leftover supply at what point is it?
When a firm makes a profit by producing enough goods to meet demand without having leftover supply the point of profit is where marginal revenue equals marginal cost.
What is the meaning of to meet demand?
Demand means what is needed or wanted. If you meet that, you produce or supply as much as is needed or wanted.
When supply of a product is not enough to meet demand?
scarity
When a firm makes a profit by producing enough goods to meet demand without having leftover supply at what point is this?
The point where marginal revenue equals marginal cost
Can supply create its own demand?
Yes demand can create its own supply, the Keynesian economist view believed this. Markets will always try to meet demands because they want to gain the most they can from it therefore will create a supply to match demand.
