What happens when there is not enough demand for the amount of goods produced?
Question:
What happens when there is not enough demand for the amount of goods produced?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 66% (3 reviews)
When there is not enough demand for the amount of goods produced several economic consequences can occur which can have a significant impact on businesses workers and the overall economy Some of the k...View the full answer
Answered By
Gaurav Soni
Teaching was always an area where I can pursue my passion. I used to teach my friends and junior during my school and college life. After completing my professional qualification (chartered accountancy) and before joining my job, I also joined an organization for teaching and guidance to my juniors. I had also written some articles during my internship which later got published. apart from that, I have also given some presentations on certain amendments/complex issues in various forms.
Linkedin profile link:
https://www.linkedin.com/in/gaurav-soni-38067110a
5.00+
7+ Reviews
13+ Question Solved
Related Book For
Economics An Introduction To Traditional And Progressive Views
ISBN: 9780765616685
7th Edition
Authors: Howard J. Sherman, E. K. Hunt, Reynold F. Nesiba, Phillip A. O'Hara, Barbara A. Wiens-Tuers
Question Posted:
Students also viewed these Business questions
-
Topic: Users of Financial Statement Information LO: 1 1. Shareholders demand financial information primarily to assess profitability and risk whereas bankers demand information primarily to assess...
-
Understanding Why "Agile SAP" Is Not a Contradiction - What COVID Taught Us About Supply Chains We all depend on supply chains to get us what we need, when we need it. If the COVID-19 pandemic has...
-
5. (14 points) The current spot rate curve is flat at 5%. Suppose that 1-year spot rate and 3- year spot rate are chosen to be the only two key rates. Given change in the key rate(s), all spot rates...
-
An employee of Gus's Restaurant sustains a work-related injury. The owner of the restaurant is liable for the injury, however, the employee is not covered under the state's workers' compensation...
-
What are the similarities and differences between the organization interests principle and the utilitarian principle?
-
Commodity index values are based on: A. Futures contract prices. B. The market price of the specific commodity. C. The average market price of a basket of similar commodities.
-
In July 2008, Brian, Dale, and Sandra Allen signed a contract with East Resources, Inc., concerning 148 acres of the Allens property. East wanted to develop and exploit the oil and gas resources...
-
Country Wallpapers is considering investing in one of three mutually exclusive projects, E, F, and G. The firm's cost of capital, r, is 15%, and the risk-free rate, RF, is 10%. The firm has gathered...
-
a) Your roommate heard that you took Fundamentals of Finance with Prof. Hasler and that you learnt about the idea of building a nest egg for your retirement. Your roommate has a crazy idea and asks...
-
How can the government offset a lack of private demand? How does this help prevent a recession?
-
How does income (money) leak out of circulation? In what way do savings enter back into circulation?
-
From Exercise 2, calculate Devons net pay. The state income tax rate is 5% and health insurance is $35. In Exercise 2, Devon Mark, single, claiming one exemption, has cumulative earnings before this...
-
BP at a glance We are a global energy company with wide reach across the worlds energy system. We have operations in Europe, North and South America, Australasia, Asia and Africa. Extracts from...
-
Define the following: shooting rights G&G costs carrying costs dry-hole contribution bottom-hole contribution
-
Discuss why each party to a test-well contribution situation would enter into the transaction.
-
Look back to the Real World Case at the start of the chapter. The accounting policies for two types of provision are explained in detail. They can be summarised by reference to the accounting...
-
Key elements of the use case diagram are (a) people, computers (b) actors, use-cases (c) people, classes, and objects (d) uses, cases
-
Jennifer Baxter was preparing the adjusting journal entries for Jennifers Java, a business that uses the accrual basis of accounting, in order to prepare the adjusted trial balance and financial...
-
Proposals have been made to ?sail? spacecraft to the outer solar system using the pressure of sunlight, or even to propel interstellar spacecraft with high-powered, Earth-based lasers. Sailing...
-
The owner of a small machine shop has just lost one of his larger customers. The solution to his problem, he says, is to fire three machinists to balance his workforce with his current level of...
-
Every college student had the problem of selecting the college or university to attend. Was this a simple, intermediate, or complex problem for you? Explain.
-
The college bookstore has put pads of engineering computation paper on sale at half price. What is the minimum and maximum number of pads you might buy during the sale? Explain.
-
What are the key regulatory proteins and signaling pathways involved in the transition from quiescence (G0) to the proliferative cell cycle, and how do extracellular signals, growth factors, and cell...
-
Open your MS Project. We will start to enter a project. You must make the assumption that the project charter is complete and signed. The project you select will be used throughout this course. In...
-
The function g shown in the figure above is continuous on the closed interval [0, z] and differentiable on the open interval (0, 26), where 21, 22, 23, 24, s. and ze are points on the z-axis. Based...
Study smarter with the SolutionInn App