hoodbarcode166 hoodbarcode166

02-10-2018
Physics

contestada

If there is an increase in demand for a product, and that is the only thing that changes, what will that do to the price of the product?

Respuesta :

chessnes79 chessnes79

02-10-2018

I believe that the price will rise.
Hope this helps!

Answer Link

DerrickStalvey DerrickStalvey

18-09-2019

Answer:

Price will also increase.

Explanation:

If there is an increase in demand for a product, keeping other factors constant, price of product will also rise. According price demand curve demand of a product and price of product in direct proportional relationship with each other. So as demand of any product increases, its price will also increase simultaneously.

Answer Link

Otras preguntas

One way to show that a statement is NOT a good definition is to find a _____ converse.conditional.counterexample.biconditional.

What do you mean by corrosion? How can you prevent it?

all fractions between 0 and 1/4

I = {1, 2} List all possible subsets of the given set.

What do you mean by corrosion? How can you prevent it?

1. Why are there active volcanoes along the Pacific coast in Washington and Oregon but not along the East coast of the United States?

Round 13 513 to the nearest thousand

how do I solve x+2y=8

At the school carnival, Carmen sold 3 times as many hot dogs as Shawn. The two of them sold 152 hot dogs altogether. How many hot dogs did Carmen sell? 51382111

Consider the following system of equations. y = 2x - 2 y - 2x = 5 What can you conclude about the system of equations? The system of equations is inconsistent.