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

what types of units are used to describe area?
What is cos P?  Right triangle PQR with a short leg measuring 5, a long leg measuring 12, and the hypotenuse as 13A. 5/12B. 12/13C. 5/13D. 12/5
Two famous Elizabeth Blackadder paintings ?
what is 1/2 plus 9/10
A 36-tooth gear turns three times. It is connected to a 12-tooth gear. How many times does the 12-tooth gear turn?
How many hawksbill turtles are left in the world?
11. Consider the elements neon, bromine, and phosphorus. Which has five electrons in its 4p sublevel?
Well explained answer plz: Can girls with dark black skin bleach there girlstashes? ???
The edge of one cube is 4 m shorter than the edge of a second cube. The volumes of the two cubes differ by 1216 m^3. Find the edge of the smaller cube.
11. Consider the elements neon, bromine, and phosphorus. Which has five electrons in its 4p sublevel?