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

How would you -20x+4y=40
Seriously need help have already posted this question four times. In what way did classical Greek and Roman attitudes become part of Enlightenment thought? The
Describe how you could draw a diagram for a promblem about finding the total length for two strings, 15 inches long and 7 inches long
Simplify 21 hours 99 minutes.
Which question could the expression 1000/n answer? Let n = the number of gallons of gas used. How many miles per gallon did the car get driving 1000 miles? Let
How do parasitic flatworms evade their host's immune system?
True/False At some point in time, you will have to pay for expenses that your family once paid for.
The printing press did not affect the spread of the Renaissance. True False
Which is NOT part of the Cell Theory? A) All cells come from existing cells. B) Microscopic organisms are not made of cells. C) All living things are made of
Ms.Sack owns a grocerystore. She buys 272 pounds of potatoes for $99. She wants to sell them for twice as much. She makes 9 bags containing 10 pounds each and