Seudónimo Seudónimo
  • 03-10-2021
  • Business
contestada

how do changing prices affect supply and demand

how do changing prices affect supply and demand class=

Respuesta :

Aasanjuan
Aasanjuan Aasanjuan
  • 03-10-2021

Answer:

Increased prices typically result in lower demand, and demand increases generally lead to increased supply. However, the supply of different products responds to demand differently, with some products' demand being less sensitive to prices than others.

Answer Link

Otras preguntas

Which of the following statements describes the command economy of the Soviet Union? OA. The government allowed private businesses to produce goods and services
I need help please?!!!
Write examples of alkane, alkene, cycloalkane, haloalkane, aromatic compound, alcohol, thiol, ether, aldehyde, ketones, carboxylic acid, ester.
Identify the value of b. PLEASE HELP!!
Can someone help with this plz
Determine whether the binomial can be written as a difference of two squares. (a) p9 – 25 (b) a8 – 18 (c) g2 – 36
what is the volume of the square pyramid with base edges 24ft and slant height of 37ft
Find an equation in standard form for the hyperbola with vertices at (0, ±4) and asymptotes at y = ±2/3x.
help plz thank you so so much
25. A biogenic sediment can be composed of all the following except bones rocks shells dead fish