Economy, asked by fathibu, 11 months ago

Briefly explain about chain effect in microeconomics

Answers

Answered by omburukale

Explanation:

The chain effects of increase in demand When there is a increase in demand it creates excess demand (equal to O Q2) at initial price OP and as a result of which price will rise

Answered by manusri11

I hope you understand the answer

right answer so say thanks

follow me mark brainlist please

Attachments:

Previous Question

Next Question

Similar questions

Math, 5 months ago

subset of a vector space V over f is called a basic v if...

Math, 5 months ago

In a group of 50 items each one is either type A or type B and is either sweet or hot. 14 are sweet items of type A, 31 are type B and 18 are hot. The number of hot items of type B is...

Math, 5 months ago

This table shows the results of 60 throws of a biased dice. Read what Ahmad, Harsha and Alicia say. Score 1 Frequency 11 2 3 5 6 9 10 8 19 3 The average is 5. The average is 3.4. The average is 3.5. Explain how Ahmad, Harsha and Alicia could all be correct. The table is typed ...

Social Sciences, 11 months ago

who is the current speaker of India...

Biology, 11 months ago

six type joints example name in human body...

English, 1 year ago

Many of these plants were thought to point out their own medicinal qualities.(make it interrogative)...

Physics, 1 year ago

1. The image of an object formed by a mirror is real, inverted and is of magnification -1. If the image is at the distance of 30 cm from the mirror, where is the object placed? Find the position of the image if the object is now moved 20 cm towards the mirror. What is the nature of the image obtained? Justify your answer with the help of ray diagram.

Science, 1 year ago

A Ray of light makes an angle of 50 degree with the surface S1 of the glass slab. It's angle of incident will be...