Determinants of demand affect the price
For a particular product how do the determinants of demand affect the price?
Expert
As demand for a goods increases the price also increases accordingly. So any determinant of demand which has positive or negative effect on demand will have the same effect on the price.
The supply of textile employees in China is possibly most like the perfectly price elastic supply curve within: (w) Panel A. (x) Panel B. (y) Panel C. (z) Panel D. Q : Exclusivity ratio of ratio while price The percentage change within quantity supplied divided through the percentage change within price is an approx measure of a good's: (w) unitary margin. (x) price elasticity of supply. (y) exclusivity ratio. (z) price elasticity of demand. Q : Jollies gained-Production occurs I have I have a problem in economics on Jollies gained-Production occurs. Please help me in the following question. The jollies gained whenever production takes place do not comprise utilities of: (i) Form. (ii) Possession. (iii) Place. (iv) Substance. (v) T
The percentage change within quantity supplied divided through the percentage change within price is an approx measure of a good's: (w) unitary margin. (x) price elasticity of supply. (y) exclusivity ratio. (z) price elasticity of demand. Q : Jollies gained-Production occurs I have I have a problem in economics on Jollies gained-Production occurs. Please help me in the following question. The jollies gained whenever production takes place do not comprise utilities of: (i) Form. (ii) Possession. (iii) Place. (iv) Substance. (v) T
I have a problem in economics on Jollies gained-Production occurs. Please help me in the following question. The jollies gained whenever production takes place do not comprise utilities of: (i) Form. (ii) Possession. (iii) Place. (iv) Substance. (v) T
Differences among the opportunity cost of a purchase through a consumer and the seller’s price are increased through: (w) taxes. (x) intermediaries. (y) competition. (z) speculators. Can anyb
A monopolist will prevent operating within the long run unless its economic profit is: (i) zero. (ii) positive. (iii) greater than accounting profit. (iv) zero or greater. (v) zero or less. I need a good answer on
Numerous studies have established which, associate to poor families, higher income families onto average have: (w) more children. (x) greater rates of labor force participation. (y) less human capital and more financial capital. (z) greater rates of p
Can someone help me in finding out the right answer from the given options. When it is illegal to need a union membership as the condition of employment for a firm, then the firm: (1) Needs all the employees to sign yellow dog contracts. (2) Can’t sign an agency
The income effect of a small change in wage rate in demonstrated figure of Glynn dominates the substitution effect at: (1) point a. (2) point b. (3) point c. (4) point d. (5) every point specified in the figure.
Total revenue when this firm maximizes economic profits would be: (w) $72,000 per period. (x) $80,000 per period. (y) $96,000 per period. (z) $100,000 per period. Q : Classification of Surveys as Surveys can be classified as probabilistic sampling: • Simple random sampling: If you have a relatively small, self-contained, or clearly stated population, suc
Surveys can be classified as probabilistic sampling: • Simple random sampling: If you have a relatively small, self-contained, or clearly stated population, suc
18,76,764
1947517 Asked
3,689
Active Tutors
1458433
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!