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the standard of living

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Q: When either prices go down what is there an increase in?
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When prices go down people do what?

they increase consumption


When prices go down or income goes up there is an increase in what?

The Standard of Living - APEX :)


When prices go down or income goes up there's an increase in what?

The Standard of Living - APEX :)


Will air fares to Ireland go down?

It all depends on oil prices. If oil prices go down, then yes.


An increase in demand causes prices to?

go up


What is deflation in economics?

Deflation is when prices on average go down without productivity increases or technology changes making this happen. So the prices of computers going down is not deflation because technology changes have made this happen. This happens because there are fewer dollars in circulation This is the opposite of inflation where the prices increase.


How did overproduction cause farm prices to go down?

Overproduction caused farm prices to go down because when there is more than enough product, the demand goes down. Prices only go up when demand goes up.


What happens to prices if the supply is high?

The price will skyrocket, increase, go up.


Why do stocks go up or down in price?

Stock prices go up or down based on the Demand - Supply theory. Whenever the demand for a stock is more than its supply its prices go up Whenever the supply of a stuck is more than its demand its prices go down


What causes RPM to go up and down while driving and you are not accelerating?

Most likely going down hill, the faster the wheels go, the higher the RPM will increase, for this to increase the vehicle either must be going downhill with no brakes applied or the throttle(acceleration) has been depressed.


Why is it when Petrol prices go up food prices go up but when petrol prices go down food prices remain as they are when petrol prices start to go up again food prices go up so the consumer cant win?

you got it all in one!


Why does the volume go up amd the price go down?

The probability that prices will go up is 0.3 and the probability that prices will go down is 0.2. Thus, the expected values for the three decision alternatives are