What happens to prices when the supply is greater than the demand?

What happens to prices when the supply is greater than the demand?
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The price often come down as suppliers try to shift slow sellingstock.
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In a Capitalistic Economy, the prices are determined by : (1) Demand and Supply (2) Government Authorities (3) Buyers in the Market (4) Sellers in the Market

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The central problem of how to produce is resolved by (a) Demand and supply of factor inputs ; (b) Demand and supply of goods; (c) Relative prices and availability of factors of production ; (d) Government intervention

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Last Answer : What is the answer ?

Equilibrium price is the price when : (1) supply is greater than demand (2) supply is less than demand (3) demand is very high (4) supply is equal to demand

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15) Adam's Pool Service charges £50 for swimming pool cleaning performed prior to May 15 and £75 for jobs performed after that date. This pricing structure provides the benefits to Adam's of: A)price leaders. B)smoothing demand fluctuations. C)increasing service tangibility. D)tying prices to service costs.

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At a given time and in a given marketplace, the entire market demand curve indicates the (a) quantity of a good consumers would be willing and able to purchase at a given price. (b) quantity of a good consumers would be able to purchase at a series of prices. (c) quantity of a good consumers want to purchase at a given price (d) quantity of a good consumers have purchased at a series of prices over the year.

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If prices of Eggs rises from `25 per dozen to `30 per dozen, the demand for vegetable burger increases from 30 per day to 40 per day, then the cross elasticity of eggs and vegetable burger is (a) 1.5 ; (b) 1.25 ; (c) 1.65 ; (d) 1.86

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Last Answer : (c) 1.65 ; 

If prices of petrol rises from `40. To `48 per lt., the demand for cars falls from 60 per month to 45 per month, the cross elasticity of petrol and Car is (a) 1.5 ; (b) 1.25 ; (c) 1.0 ; (d) 1.59

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Last Answer : (b) 1.25 ;

............... model is designed to bring prices down by increasing the number of customers who buy a particular product at once. (A) Economic Order Quantity (B) Inventory (C) Data Mining (D) Demand-Sensitive Pricing

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Last Answer : (D) Demand-Sensitive Pricing

According to Keynesian theory of income determination, at full employment, a fall in aggregate demand causes (1) a fall in prices of output and resources (2) a fall in real gross National product and employment (3) a rise in real gross National product and investment (4) a rise in prices of output and resources

Description : According to Keynesian theory of income determination, at full employment, a fall in aggregate demand causes (1) a fall in prices of output and resources (2) a fall in real gross National product and ... rise in real gross National product and investment (4) a rise in prices of output and resources

Last Answer :  a fall in prices of output and resources

A demand curve will not shift: (1) When only income changes (2) When only prices of substitute products change (3) When there is a change in advertisement expenditure (4) When only price of the commodity changes

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Last Answer : When only price of the commodity changes

A movement along the supply curve can be caused by a change in (a) Technology (b) Factor prices (c) The price of the good (d) All of these

Description : A movement along the supply curve can be caused by a change in (a) Technology (b) Factor prices (c) The price of the good (d) All of these

Last Answer : (a) Technology

The inventory of raw materials included in the working capital is usually about __________ month’s supply of raw materials valued at delivery prices. (A) One (B) Three (C) Six (D) Twelve

Description : The inventory of raw materials included in the working capital is usually about __________ month’s supply of raw materials valued at delivery prices. (A) One (B) Three (C) Six (D) Twelve

Last Answer : (A) One

The strategic petroleum reserve was created to lower oil prices during supply disruptions .How much did the US spend to build and fill the SPR? • $980 billion • $2 million • $4.5 billion • $22 billion

Description : The strategic petroleum reserve was created to lower oil prices during supply disruptions .How much did the US spend to build and fill the SPR? • $980 billion • $2 million • $4.5 billion • $22 billion

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Which of these is not a determinant of aggregate supply (a) Quantity demanded ; (b) Price of the product under consideration ; (c) Relative price of other goods ; (d) Future expectations about prices

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Last Answer : (a) Quantity demanded ;

Elasticity of supply depends upon (a) Nature of the commodity ; (b) Production technology ; (c) Future outlook of prices (d) All the three

Description : Elasticity of supply depends upon (a) Nature of the commodity ; (b) Production technology ; (c) Future outlook of prices (d) All the three

Last Answer : (d) All the three

Which of the following has not been a component of the agricultural strategy that brought about the Green Revolution? (1) Greater intensity of cropping (2) Guaranteed maximum prices (3) New agricultural technology (4) Package of inputs

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The primary reason that many companies work to become the "low-cost producers" in theri industry is because : 1. the can generate more advertising 2. they can please top management 3. they can gain tax advantages 4. they can set lower prices that result in greater sales and profits 5. none of these

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Last Answer : they can set lower prices that result in greater sales and profits

Inflation occurs when aggregate supply is - (1) more than aggregate demand (2) less than aggregate demand (3) equal to aggregate demand (4) None of these

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Last Answer : (2) less than aggregate demand Explanation: If the supply is less than the demand, the price will increase. Inflation, the persistent increase in the average price level, can be ... Translating this to the macro-economy suggests that inflation occurs when aggregate demand exceeds aggregate supply.

In the case of agriculture, a. the demand has shifted to the right more than the supply has shifted to the right b. the demand has shifted to the right less than the supply has shifted to the right c. the demand has shifted to the left more than the supply has shifted to the left d. the demand has shifted to the left less than the supply has shifted to the left

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Last Answer : b. the demand has shifted to the right less than the supply has shifted to the right

Full employment is the level at which there is A. Zero unemployment B. Normal rate of unemployment C. Less supply of labor D. Demand for goods is less than supply.

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Last Answer : C. Less supply of labor

If supply and demand both shift outward, but demand shifts outward more than supply, the equilibrium price (a) will increase and quantity will increase ; (b) will increase and quantity will decrease; (c) will decrease and quantity will decrease ; (d) will decrease and quantity will increase

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Last Answer : (a) will increase and quantity will increase ;

Full employment is the level at which there is (a) Zero unemployment ; (b) Normal rate of unemployment; (c) Lease supply of labor ; (d) Demand for goods is less than supply.

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Inflation occurs when aggregate supply is (1) more than aggregate demand (2) less than aggregate demand (3) equal to aggregate demand (4) None of these

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When the fiscal deficit is high, what happens to prices

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Can supply-side economics resolve a demand-side economic problem?

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Would a wage increase affect aggregate demand or supply?

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Women income disparity: Discrimination or Supply/Demand?

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Last Answer : answer:Nobody argues that a woman working at Burger King should make as much as the CEO of GE. It is equal pay for equal work that is being argued. 1) Look at racism but apply that to gender. 2) It is expensive to sue. Most people don’t bother. And the ones that do you never hear about.