If quantity demanded exceeds quantity supplied, what most likely needs to happen to achieve equilibrium?

The supply needs to increase

The price needs to decrease

The price needs to increase

The demand needs to increase

Answers

Answer 1

Answer:

The price needs to increase

Explanation:

In this situation, there is a shortage because you cannot supply the demand for  certain good/service. To achieve equilibrium, where you demand and supply meet, or the point where  price at which you can supply enough to satisfy the deman, you will need to increase the price. The increase of price would decrease the demand to a point where you can supply enough.

Answer 2
Final answer:

When quantity demanded exceeds quantity supplied, it creates a shortage, leading to a higher price. To achieve equilibrium in such a situation, the price needs to increase so as to reduce demand and encourage more supply, thereby balancing the market.

Explanation:

In the field of economics, when the quantity demanded exceeds the quantity supplied, it creates a situation termed as excess demand or shortage. This often results in a higher price in the market, as people are willing to pay more to acquire the item. To restore balance or equilibrium, the price needs to increase. By increasing the price, it reduces the quantity demanded (as some consumers may not be willing to pay the higher price) and it enhances the quantity supplied (as suppliers find it more rewarding to produce and sell more at the higher price). This process continues until the quantity demanded equals the quantity supplied which is the state of market equilibrium.

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Related Questions

Which of the following is a definition of the gold standard?

Answers

Answer:

Gold standard is the variable of currency based on the price of gold. The value of the currency was defined in terms of gold and the currency could be exchange. This standard has been abandoned last 1930s during the Depression. 

Explanation:

Answer: Currency based on the price of gold.

Explanation:

How were tenant farmers different from sharecroppers?

Answers

Answer:

In debt to the landowner for everything, the sharecropper rarely worked up from poverty. Tenant farming, also required farmers to work someone else's land and pay rent with a portion of the crop yield. But the tenants usually at least owned a small home, farm tools, and a horse or mule.

Short Answer: Tenants had some of their own possessions while sharecroppers didn't and owed the landowner completely.

Hope this helps!

tenant farmers used their own tools and animals.

Explanation:

5. According to the Constitution, which of the following persons can serve as President of the United States?
O a natural-born male who has lived in France for 25 of his 36 years
O a 45-year-old American-born woman who lives in the United States
O a foreign-born, 60-year-old male who has resided in the United States for 20 years
O a 50-year-old woman who immigrated to the United States from Australia

Answers

Answer:

The first one is the only one that can Be right as long as he has a us citizenship.

The 2nd one only can Be right if she was born in the us and has citizenship . The others are wrong.

Answer: a 45 year old American born woman who lives in the United States

Explanation: Gradpoint Answer

bad road use has a direct impact on the physical and social

Answers

Answer:

The correct answer is, physical and mental aspect of a person's life.

Explanation:

Bad road use has a direct impact on the physical and mental aspect of a person's life.

When a person uses a bad road, there are chances of encountering an accident on the way. This would directly impact the physical condition of the person. The accident could harm the person physically.

Secondly the accidents will lead to the increase of mental stress of the person. The accident may have a drastic impact on the mental health of the person.

So in this way, use of bad roads will have physical and mental impacts on the life of a person.

which of the following describes a similarity between Eastern and Western Europe following World War 2?
A. Each region fiercely resisted the creation of the Truman Doctrine.
B. Each region fell under the influence of a foreign superpower.
C. Each region promoted the spread of international communisms.
D. Each region established its own "iron curtain" to protect its interests.

Answers

Answer:

D. Each region established its own ''iron curtain'' to protect its interests

Explanation:

After the World War II, Western and Eastern Europe quickly diverged because of their politics. While the West was promoting democracy and market economy, the East was promoting communism and command economy. The strategic interests were intermingled, which led to lot of tensions, so there was a sharp division with artificial political boundary that was separating the two. As both sides were trying to spread their ideologies, but were also afraid of the influence of their opponent, they set ''iron curtains'' resulting in isolation between the two on pretty much every level.

Write atleast five situations that make you angry

Answers

Answer:

1. My brother

2. Can't find a charger

3. My brother being loud in le mornings

4. Getting bad test scores

5. Can't sleep at night

Answer:

1. My phone dying

2. Losing something

3.Not getting homework

4.Failing grade

5.Rude people

Explanation:

In US culture today, children are seen as creations and the products of parents.

Answers

i’m not really sure what answer you are looking for. Answer choices??

When children are growing, they encounter many changes in their lives under support from the parents. This is crucial purpose why parents value them as their assets because they invest a lot of their upkeep and overall growth. It is the responsibility of a proper parent to provide all the necessary to their children to establish a bright future

As children developed them gain intellectual masterly that are instilled in children to help them became a better leader in the future.

Vhat are some advantages of tracking changes in the climate system?​

Answers

Answer: climate shows us the weather and some advantages would be knowing if there was a huge storm or not

Explanation:

Final answer:

Tracking changes in the climate system has several advantages such as predicting temperature rise, understanding drivers of climate change, and providing evidence of climate change.

Explanation:

Tracking changes in the climate system has several advantages. Firstly, it allows scientists to predict the rise in temperature by analyzing greenhouse gases and annual rings in trees. Secondly, it helps in understanding the drivers of global climate change by studying ice cores, tree rings, glacier size, pollen counts, and ocean sediments. Lastly, tracking changes in the climate system provides documented evidence of climate change, such as retreating glaciers and melting polar ice, which helps us understand the consequences of climate change.

According to differential association theory, individuals

Answers

Answer:

In criminology, differential association is a theory developed by Edwin Sutherland proposing that through interaction with others, individuals learn the values, attitudes, techniques, and motives for criminal behavior.

Explanation:

https://en.wikipedia.org/wiki/Differential_association

According to differential association theory, individuals who hang out more frequently with criminals are more like to become a criminal themselves.

Explain differential association theory.

According to the differential association theory, engaging in illegal activity can be adopted through social interactions with those who already do it.

Differential meaning:

The term "differential" suggests that various relationships will result in various behavioral results.

Association meaning:

Associating merely denotes having interaction with others. The majority of behavioral qualities we exhibit in life are learned through interactions with or associations with other people. Similar to how good behavior is acquired by connection with bad behavior, so is criminal behavior.

So, learning criminal behavior takes more than just hanging out with other criminals; it also involves a regular, long-term connection in tiny, close-knit groups. In other words, the likelihood that you will become criminal increases in direct proportion to the number of criminals you deal with.

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In substance farming people generally grow

Answers

Answer:

C. only enough to feed their families.

Explanation:

In substance farming people generally grow only enough to feed their families.

what is the definition of democracy ​

Answers

A democracy is a type of system of government where the people or the population have a choice in the election polls
A democracy is a government by the people in which the supreme power is vested in the people and exercised directly by them or by their elected agents under a free electoral system.

Hope this helps

should students be able to criticize their school in the newspaper​

Answers

Answer:

yes

Explanation:

yes

Answer:

should students be able to criticize their school in the newspaper​

Explanation:

Provided that the criticism is constructive, and serves to improve the functioning of the Institution, publication in the school newspaper is positive, otherwise it makes no sense to do so.

What's the belief behind a primary-caregiver system?

A. Paying special attention to three or four children promotes a stronger attachment.
B. Infant-toddler classrooms should have a 1:1 ratio.
C. Care for infants, toddlers, and primary students should take place in mixed-age groups divided by sex.
D. A tag-team approach with all caregivers working in a large group of children of mixed ages, in which children are free to form their own groups for play across age and gender lines, is best.

Answers

Answer:

Paying special attention to three or four children promotes a stronger attachment. - A.

Answer:

A). Paying special attention to three or four children promotes a stronger attachment.

Explanation:

The reason why "A). Paying special attention to three or four children promotes a stronger attachment" would be the correct answer choice is because being able to pay attention to the same multiple children at once gives someone a stronger attachment between them and the children.

The primary-caregiver system is especially a system that is mostly seen in teachers, due to the fact that they have to pay attention to multiple kids at once.

The system would allow a child to have a caregiver that they can trust. A caregiver would have a stronger attachment, or bond, to a child if they take care of multiply kids at once than a caregiver taking care of only one child.

Caregivers that take care of multiple children have stronger bonds or attachments because they get the experience the life of different children and be more ready when it comes to taking care of the children.

I hope this helps you out.Good luck on your academics.Have a fantastic day!

When two cars enter an open intersection at about the same time,
the driver who signals first has the right-of-way.
the driver on the right must yield to the car on the left.
the driver on the left must yield to the car on the right.
both cars can move at the same time.

Answers

Answer:

the driver on the left must yield to the car on the right.

Explanation:

Answer:

The driver on the left must yield to the car on the right.

Explanation:

The reason why "The driver on the left must yield to the car on the right" would be the correct answer because this would be known as the same time rule.

An open intersection is pretty much known as a place where you need to be prepared to stop, in which all drivers that approach the intersection are obligated to make a stop and let anyone that has the right of way go first.

But, not everyone comes in different times. There are times where two drivers end up stopping at the intersection at the same time. The driver on the left must yield to the driver on the right because it will allow the flow of traffic to keep on going. The driver on the left will still have time to get to the destination that they're travelling to

I hope this helps you out.Good luck on your academics.Have a fantastic day!

What is the best way to prep for senior year of high school?

Answers

Answer:

Do the same routine you have always done for the past 3 years of high school and you will survive. Enjoy your last year.

Although I’m not in 12th grade...yet. I advise you to relax and decide to make your last year the best and be the best you can be. Make sure you have your schedule down, manage your time, always have the proper class resources, and perhaps freshen up on some schoolwork. Perhaps old notebooks on mathematics or English skills. Hope you have a great year and be the brainliest you can be!!

raden’s ice cream shop is losing business. He knows that customers are no longer choosing his product because a competing product has become less expensive, yet he has refused to lower his prices. What has happened to Braden’s business? Braden’s customers are using their vote to indicate their choice, the type of decisions consumers make in a economy.

Answers

Explanation:

Braden has refused to lower down his prices of the product because of his brand image in the market.

People were previously purchasing the product from his company because there was no alternative available on a lower price than that of his company. But now as there comes another company who is offering lower prices than Braden's company for the same product, people are purchasing that from the other company now. This puts the sales of Braden's company down. But because the brand image of his product is like that, he is not lowering down the prices of his product to show people that his prices are worth the product and this type of business will definitely harm his business sales.

Answer:

Braden’s customers are using their  dollar  vote to indicate their choice, the type of decisions consumers make in a  market  economy.

2 Points
Which of the following does not need to be addressed when organizing an
economy?
O
A. The rules of political institutions.
O
B. The allocation of resources.
C. The distribution of goods and services.
O
D. The organization of production.
SUBMIT

Answers

Answer:

A

Explanation:

political institutions are the organizations in a government which create, enforce, and apply laws. They don't really involve themselves in the economy that often







Jan Hus is known for his criticism of (5 points)
Question 1 options:

1)

teaching about purgatory

2)

teaching about transubstantiation

3)

simony and the sale of indulgences

4)

Protestantism and predestination






Answers

Answer:

3

Explanation:

simony and the sale of indulgences

Jan Hus is known for his criticism of simony and the sale of indulgences

Answer: Option 3

Explanation:

Jan Hus is a theologian who played an important role in the Protestant movement. Hailing from Czech Republic, he spearheaded the movement even before John Calvin and Martin Luther King.

He went against simony i.e., the sale of religious and spiritual items and the sale of indulgences, be it partial or plenary indulgences. After beginning to lead the moment he was excommunicated by the church but that did not stop him from preaching.

And he continued to do so, only to be burnt at stake on July 1415 after being branded as a Heretic by the Catholic Church. He lived during the tenures of Popes like Pope Alexander V and Antipope John XXIII .

What is a mixed economy?
exactly the same as a centrally planned economy
the exact opposite of a free enterprise system
a market-based economic system based on free enterprise with some government involvement
an economic system in which the government regulates all prices, production, and products

Answers

Answer:

a market-based economic system based on free enterprise with some government involvement

Explanation:

The mixed-market economy is an economy type in which both the government involvement is present, and the private businesses are thriving. This type of economies are usually successors of a command economy, but the system has changed gradually, and the economy has transformed to a certain degree. The government still is an important player int he economy, and it usually owns and controls the largest and most valuable natural resources of the country. On the other hand, the private businesses have been enabled to developed and good conditions for them have been provided, thus the private businesses are thriving. The private businesses and the government are in good business relation, thus they are economic partners. A prime example of this type of economy is China.

How many significant figures does this number contain?
80

Answers

Answer:

It's has one significant figures

Explanation:

Because in significant figures zero isn't considered as a number

what are some subtopics for Hispanic/Latinos?

Answers

Answer:

The Spanish culture

Explanation:

Because Hispanics are the same as Latinos

What is the purpose of nihilism?​

Answers

Answer:

Though nihilism can lead some people into despondency, it can also function as a path to personal fulfillment. As a start, “nihilism” is commonly defined as “the belief that life is meaningless.” A fuller definition would further add that nihilism is the belief that life has no objective meaning.

Final answer:

The purpose of nihilism is to challenge traditional views and moral systems, rejecting the belief in universal meaning and promoting individual interpretation. It aims to create a sense of liberation by questioning societal norms and encouraging individuals to find their own meaning.

Explanation:

The purpose of nihilism, as proposed by Friedrich Nietzsche, is to challenge traditional religious views and moral systems that are based on objective truths and fixed ethical mandates. Nihilism rejects the belief in universal meaning and instead emphasizes the individual interpretation of the world. This philosophy aims to create a sense of liberation by questioning and dismantling societal norms and encouraging individuals to find their own meaning in a seemingly meaningless world.

Name the three types of peer pressure. Give examples as well please. :)

Answers

Answer:

Direct Negative Peer Pressure

Direct negative peer pressure is friends directly asking someone to do something. As you can imagine, this is a powerful form of peer pressure because it's much more difficult to resist. A teen is afraid of ridicule and losing his/her friend(s) if he/she doesn't do what is asked.

Indirect Negative Peer Pressure

Indirect negative peer pressure is not as powerful but can still greatly influence the decisions a teen makes. Indirect peer pressure is what one sees and hears other teenagers doing. Since others are wearing something or doing something, he/she should follow suit to fit into the group. No one necessarily asks someone to do anything, but it's an unspoken pressure that he/she feels.

This type may seem as though it would be easier for to resist but it's actually just as difficult because you may feel like it is not as "cool" if you don't do what the others are doing and it may make it more difficult to make friends.

Explanation:

some members of society consider ada to be a burden instead of a productive member she is now in her 80’s and was forced to retire when her emplyoyer said that her skills were outdated. What is this an example of ?

A. Bias
B. Ageism
C. Age stratification
D. All of the above

Answers

Answer:

D, all of the above

Explanation:

Honestly, this is a pretty delusional question. To be fair to the employer, her skills were probably outdated. The employer most likely had bias based on her age, making this biased. He also classified her skills as outdated, making it age stratification. The employer assumed Asa's skills were outdated due to her being 80 years old, making it ageism.

D all of the above is the answer

In the 1800s, to increase their exports and decrease their imports, the Chinese demanded the Europeans pay them in .

Answers

In the 1800’s, to increase their exports and decrease their imports, the Chinese demanded the Europeans pay them in OPIUM.

Answer:

In the 1800s, to increase their exports and decrease their imports, the Chinese demanded the Europeans pay them in opium.

Explanation:

The opium trade was a result of traffic that had increased in the eighteenth and nineteenth centuries and across the western religions. Mostly Britain was exporting opium with the exchange of purchasing the Chinese luxury goods that had high demand in the west.

Turkish first introduced opium in china; during this time the tobacco smoking had increased and had become popular in the country. This led to an increase of opium addiction and increased importation during the dynasty of Qing. Despite the challenges, opium continued to flourish.

how many tenses do verbs have​

Answers

Answer:

they have 12

Explanation:

Verbs have 6 tenses! 3 perfect tenses and 3 simple tenses. (There are 6 variations of these tenses meaning they all take place in the present, past, or future). Hope this helps :)

Career cluster describe a group

Answers

A Career Cluster is a grouping of occupations and broad industries based on commonalities. Expectations at the Career Cluster level represent the skills and knowledge, both academic and technical, that all students within the Career Cluster should achieve regardless of their pathway.

Vision is the most important sense needed when driving. Explain five specific areas of vision and how alcohol affects them.

Answers

Answer:

Some effects of excessive alcoholic intake on your vision would be:

* Decrease of visual performance. When your visual performance is altered from excessive alcoholic intake, you have a higher possibility of suffering from blurred vision or double vision. The cause of this would be weakening of the eye muscle coordination.

* Slow pupil reactions. Since alcohol affects the speed of when your iris dilates and constricts, it causes an alcoholic driver to have slower reactions to headlights and other important road signals.

* Frequent migraines. Alcohol can also be a trigger for migraines. Before the migraine, the person may experience a visual aura before the headache. They may also see blind spots.

* Increase of redness in the eyes. Since alcohol causes the blood vessels in your eyes to expand, it can make your eyes look red.

Why is the vision the most important sense in driving?

Careful driving requires the engagement of visual and auditory senses to make informed, often very quick decisions to navigate safely. Most of the information drivers need is visual; therefore, good eyesight is critical to safe driving. If drivers cannot see clearly, they cannot judge distances or spot trouble.

How does alcohol affect your vision?

As far as the eyes are concerned, alcohol weakens the muscles of your eye; it can damage the optic nerves permanently, preventing the interaction of the brain and eyes. Double and distorted vision can occur from information that is slowed down between the eye and the brain.

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How did European colonization change the lives of native peoples in the
South Pacific?
O
A. It allowed them to freely travel between Europe and Asia.
B. It forced them to give up farming and work in factories.
C. It introduced deadly new diseases to native communities.
D. It required them to abandon their traditional religions.

Answers

Answer:

C. It introduced deadly new diseases to native communities

Explanation:

The European colonization changed the lives of native peoples in the  South Pacific because:

C. It introduced deadly new diseases to native communities.

According to the given question, we can see that the Europeans moved into new territories, overpowered the natives and colonized them.

As a result of this, the colonization of the Europeans in the lives of the people in the South Pacific brought about new and deadly diseases which attacked the native communities.

Therefore, the correct answer is option C

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Which best describes a countercultural group?

Answers

Answer: Counterculture is a sociological term that refers to a cultural group or subculture whose values and norms of behavior run counter to those of the region's social mainstream and it can be considered the cultural equivalent of political opposition. The Hippies became the largest countercultural group in the United States.

Explanation:

Did some research on it and I hope this helps it relates and can help with description

Answer:

C.  a group of soccer fans who want to see good matches

Explanation:

I used Edge

Other Questions
Indicate whether each of the following reactions is anabolic or catabolic by circling the appropriate word: Reaction Type of Reaction 1. Glucose + glucose glycogen An article reported that for a sample of 40 kitchens with gas cooking appliances monitored during a one-week period, the sample mean CO2 level (ppm) was 654.16, and the sample standard deviation was 165.23.Calculate and interpret a 95% (two-sided) confidence interval for true average CO2 level in the population of all homes from which the sample was selected. (Round your answers to two decimal places.)=(_________,__________) ppm(b) Suppose the investigators had made a rough guess of 167 for the value of s before collecting data. What sample size would be necessary to obtain an interval width of 57ppm for a confidence level of 95%? (Round your answer up to the nearest whole number.)=__________ kitchens Karen is designing a process for issuing checks and decides that one group of users will have the authority to create new payees in the system while a separate group of users will have the authority to issue checks to those payees. The intent of this control is to prevent fraud. Which principle is Karen enforcing using the quadradic formula to solve x^2=5-x, what are the values of x A backgammon player was upset after losing a match against the club champion. Rushing out of the club, he inadvertently grabbed the champion's board, which looked very much like his own but which was much more expensive. The player left the backgammon board in the trunk of his car, as was his usual practice. During the night, the car was stolen and along with it, the champion's expensive backgammon board.In an action by the champion against the player to recover the value of the backgammon board, is the champion likely to recover?A Yes, because when the player took the backgammon board he committed a trespass to the champion's chattel.B Yes, because when the backgammon board was stolen along with the car, the player became liable for conversion of the champion's chattel.C No, because the player believed in good faith that the board was his when he took it from the backgammon club.D No, because the backgammon board was lost through no fault of the player's. What are the four types of buy (i.e., segments) that are described by the purchasing portfolio matrix? a. Generic, leverage, special, constant b. Smart, leverage, special, valuable c. Easy, hard, simple, complex d. Routine, leverage, bottleneck, strategic e. None of the above A small apartment property is estimated to have potential gross income of $ 25,000. Vacancy and collection losses are expected to average 5 percent over the life of the property. Operating expenses are expected to average about 30 percent of effective gross income. An overall capitalization rate of 12 percent is derived from market transactions of similar properties. What is the market value? Given the directrix of y = 4 and focus of (0, 2), which is the equation of the parabola? y = one fourthx2 + 3 y = one fourthx2 + 3 y = one fourthx2 3 y = one fourthx2 3 Control of temperature, endocrine activity, and thirst are functions associated with the ________. (A) medulla (B) cerebellum(C) hypothalamus(D) thalamus Some digestive products, such as water and electrolytes, will be absorbed by diffusion. They diffuse from an area of ____________ concentration in the intestinal lumen to an area of ____________ concentration in the cell. The _________________ parenting style includes parental warmth, proactive teaching, calm discussion during disciplinary episodes, and interest and involvement in their children and peers' activities. On January 1, 2020, Blossom Company had $1,335,000 of common stock outstanding that was issued at par. It also had retained earnings of $750,500. The company issued 45,000 shares of common stock at par on July 1 and earned net income of $405,000 for the year. Journalize the declaration of a 16% stock dividend on December 10, 2020, for the following independent assumptions. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.) (a) Par value is $10, and market price is $19. (b) Par value is $5, and market price is $22 Which of these products contain teratogens?cat litter, pesticides, lead paintpolyester, vaccines, sodadog food, cooked shrimp, electronicsthe answe is a i figured it outmicrowave ovens, coffee, detergentanswer fast and there is only one answerrr Proteins and carbohydrates perform various functions in the body. They are needed for the proper development and growth of the body. An article states that the fission of 2.0 g of uranium235 releases 6.8 108 kcal, the same amount of energy as burning two tons (4,000 lb) of coal. If this report is accurate, how much energy is released when 1.0 g of coal is burned? How does an atom of chlorine-37 become a chloride ion with a -1 charge?1735.45OA. The atom gains 1 electron, to make a total of 21.OB. The atom gains 1 electron, to make a total of 18.OC. The atom loses 1 proton, to make a total of 36.OD. The atom loses 1 proton, to make a total of 16. Please someone help me Expected future value $125,000 3% of 2 years Compare sympathetic vs parasympathetic nervous system A]a[B]b [C]c [D]d When the Keq value is large, the number representing [A]a[B]b must be ____ (smaller / larger) than the number representing [C]c[D]d. This relationship means that the ____(products/ reactants) must be favored and that the mixture at equilibrium is largely ___ (products/ reactants).