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What will happen in market system if a good becomes popular and there is a fall in the cost of production?
Wiki User
∙ 10y ago
demand will rise
Wiki User
∙ 10y ago
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What is a market surplus?
total production - self consumption = market surplus
What is the difference a free market economy and a mixed economy?
In a mixed-market econom, the government imposes regulations on the production of goods and services.
Is factors of production are traded in the product market?
yes
What economic system in which decision on production and consumption of goods and services are based on voluntary exchange in market?
The Market
What is most closely related to the black market?
production A+
What will happen in a market economy if a good become popular?
then people will follow
When did the Cadillac Catera go into production?
The Cadillac Catera went into production in 1997 in Germany. It is a version of an earlier Opel model called the Omega. These are mid size cars popular in the US market.
What is the most popular gas oven in production?
The GE Profile seems to be the most popular gas range/oven in today's market. It uses natural gas, which is more economical than electricity. The Kenmore Elite is also a very popular oven.
What is a market surplus?
total production - self consumption = market surplus
What will happen if unauthoritative advertisements prevail in the market?
what will happen if unauthoritative advertisement prevail in the market
Besides underproduction and overproduction market economy also involved in which production?
no production
What is production and production management?
Production is the producing of a single item such as beef production is the production of beef. Production management is managing what is being produced and when it goes for market.
Why the need for marketing after production there is the need to market your product after production to be able to create the necessary awareness of the product now on the market for sale?
there is the the need to market your product after production in other to create the necessary awareness of the product now on the market and to keep inform both new and existing customers of the product.
The production of snowmobiles is in response to a?
created market
What is the market cap for Memorial Production Partners LP MEMP?
As of July 2014, the market cap for Memorial Production Partners LP (MEMP) is $1,446,114,672.12.
What is non-market activities?
non market activities are the production for self- consumption and processing of primary product and own account production of fixed assets :)
Who owns the factor of production in a market economy?
factors of production by govt. , by society and privetly
