q explain about demand -


Q. Explain about Demand - Constrained?

Demand-Constrained: An economy is demand-constrained when level of output and employment is limited by the amount of overall demand (or spending) on its products. Capitalist economy is generally demand-constrained. Only rarely is the economy supply constrained: that is, limited by availability of workers and other productive resources.

Request for Solution File

Ask an Expert for Answer!!
Microeconomics: q explain about demand -
Reference No:- TGS0332622

Expected delivery within 24 Hours