https://padlet.com/deirdrem1/nk4507uj8og2 en-us 2019-02-27 03:27:12 UTC 2024-06-04 06:44:40 UTC hello@padlet.com https://padlet.com/deirdrem1/nk4507uj8og2/wish/336538852 What's going on guys it's Troydan here]]> 2019-02-28 17:53:01 UTC https://padlet.com/deirdrem1/nk4507uj8og2/wish/336538852 https://padlet.com/deirdrem1/nk4507uj8og2/wish/336538967 Prices move toward equilibrium because producers want to maximize the number of people that want to purchase their product, while also making the most profit. Equilibrium is the point when the number of supply made by the producers is exactly the same as the amount of supply demanded by the consumers, and at this point, producers make the most profit without any surplus or shortage of supply. ]]> 2019-02-28 17:53:14 UTC https://padlet.com/deirdrem1/nk4507uj8og2/wish/336538967 https://padlet.com/deirdrem1/nk4507uj8og2/wish/336539276 IDK the answer ]]> 2019-02-28 17:53:50 UTC https://padlet.com/deirdrem1/nk4507uj8og2/wish/336539276 https://padlet.com/deirdrem1/nk4507uj8og2/wish/336539350 Prices moves towards equilibrium because of the law of supply and demand. When consumers want to buy a product they buy more when the price is lower and ]]> 2019-02-28 17:53:58 UTC https://padlet.com/deirdrem1/nk4507uj8og2/wish/336539350 https://padlet.com/deirdrem1/nk4507uj8og2/wish/336539386 Prices move toward equilibrium]]> 2019-02-28 17:54:01 UTC https://padlet.com/deirdrem1/nk4507uj8og2/wish/336539386 https://padlet.com/deirdrem1/nk4507uj8og2/wish/336539425 Prices move towards equilibrium because of the laws of supply and demand. The law of demand states that consumers are more willing and able to buy a product at lower prices. The law of supply states that producers are more willing and able to produce and sell a product at higher prices. This causes the price to level out at a certain point where both sides are satisfied.]]> 2019-02-28 17:54:05 UTC https://padlet.com/deirdrem1/nk4507uj8og2/wish/336539425 https://padlet.com/deirdrem1/nk4507uj8og2/wish/336539456 Prices move toward equilibrium to satisfy the producers and consumers the best they possibly can. The consumers and producers are basically making m,]]> 2019-02-28 17:54:10 UTC https://padlet.com/deirdrem1/nk4507uj8og2/wish/336539456 https://padlet.com/deirdrem1/nk4507uj8og2/wish/336539494 producers alter prices of their goods towards equilibrium price to eliminate as much shortage or excess as possible. excess is a loss in money because you are using resources for something that isnt bought meaning you lose money. shortages are a loss in money because you arent maximising your potential by not selling to all costomers]]> 2019-02-28 17:54:13 UTC https://padlet.com/deirdrem1/nk4507uj8og2/wish/336539494 https://padlet.com/deirdrem1/nk4507uj8og2/wish/336540123 2019-02-28 17:55:17 UTC https://padlet.com/deirdrem1/nk4507uj8og2/wish/336540123 https://padlet.com/deirdrem1/nk4507uj8og2/wish/336540137 2019-02-28 17:55:19 UTC https://padlet.com/deirdrem1/nk4507uj8og2/wish/336540137 https://padlet.com/deirdrem1/nk4507uj8og2/wish/336540160 2019-02-28 17:55:21 UTC https://padlet.com/deirdrem1/nk4507uj8og2/wish/336540160 https://padlet.com/deirdrem1/nk4507uj8og2/wish/336540674 Prices move towards equilibrium so producers can make enough products and profits and consumers can have a good satisfaction and feel comfortable spending their money on the product ]]> 2019-02-28 17:56:11 UTC https://padlet.com/deirdrem1/nk4507uj8og2/wish/336540674 https://padlet.com/deirdrem1/nk4507uj8og2/wish/336540693 Prices move towards the equilibrium price because it will make it so you get as much money possible without having a shortage or a surplus]]> 2019-02-28 17:56:13 UTC https://padlet.com/deirdrem1/nk4507uj8og2/wish/336540693 https://padlet.com/deirdrem1/nk4507uj8og2/wish/336540786 Prices moves toward equilibrium because of the law of demand and supply. When consumers want to buy a product, they want to buy more at a lower price, when producers sell a product they want to sell more at a higher price. When the amount is bought less at a higher price, the producers will reduce the price to sell more. At equilibrium, the consumers buy at a price that is equal to the supply]]> 2019-02-28 17:56:23 UTC https://padlet.com/deirdrem1/nk4507uj8og2/wish/336540786 https://padlet.com/deirdrem1/nk4507uj8og2/wish/336540993 prices move towards equilibrium because producers want to maximize the number of people who buy things.]]> 2019-02-28 17:56:42 UTC https://padlet.com/deirdrem1/nk4507uj8og2/wish/336540993 https://padlet.com/deirdrem1/nk4507uj8og2/wish/336542285 they move because of the law of demand and supply. when prices are lower demand goes up and when prices go up demand goes down.]]> 2019-02-28 17:58:55 UTC https://padlet.com/deirdrem1/nk4507uj8og2/wish/336542285 https://padlet.com/deirdrem1/nk4507uj8og2/wish/336544613 Prices move toward equilibrium because it’s something both producers and consumers meet in the center.]]> 2019-02-28 18:02:41 UTC https://padlet.com/deirdrem1/nk4507uj8og2/wish/336544613 https://padlet.com/deirdrem1/nk4507uj8og2/wish/336544796 Prices move toward equilibrium because of the law of supply and demand. When consumers want to buy something they want to buy it at the lowest price, but  when producers want to sell something they want to sell more at a  higher price. Therefore, when less is bought at a high price, they will decrease the price. As the price matches how much is bought, it reaches equilibrium]]> 2019-02-28 18:02:59 UTC https://padlet.com/deirdrem1/nk4507uj8og2/wish/336544796 https://padlet.com/deirdrem1/nk4507uj8og2/wish/336545873 2019-02-28 18:04:52 UTC https://padlet.com/deirdrem1/nk4507uj8og2/wish/336545873 https://padlet.com/deirdrem1/nk4507uj8og2/wish/336546429 Prices move towards equilibrium because of the balance between supply and demand laws. When consumers demand alot of a product prices may go up. Then, the producers may have scarity supply of the product which causes the balance between the two, which makes price move towards the equilibrium.]]> 2019-02-28 18:05:53 UTC https://padlet.com/deirdrem1/nk4507uj8og2/wish/336546429 https://padlet.com/deirdrem1/nk4507uj8og2/wish/336547143 2019-02-28 18:07:19 UTC https://padlet.com/deirdrem1/nk4507uj8og2/wish/336547143