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Prices can be accompanies by either inflation, an increase in real wages, or a decrease in consumption.
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∙ 8y ago
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An increase in the demand for gasoline today caused by concerns that gasoline prices will be higher tomorrow is most likely attributable to consumer expectations or consumer preferences?
consumer preference
What is one drawback to consumer-protection regulations?
Higher costs for production, leading to higher consumer prices.
What are the effects of increasing interest rates on inflation and consumer prices?
Increasing interest rates make the cost of borrowing funds higher. Due to the higher cost of borrowing the consumer prices typically fall which lowers the rate of inflation. Consumer prices fall because consumers are less likely to use credit to make purchases and when they do a higher percentage of their assets go towards paying interest and in turn lowering their buying power.
How does fair trade affect the consumer?
prices are higher, and so is the moral value
What will happen when consumer incomes increase?
The prices of the goods will likely increase as well due to it.
An increase in the demand for gasoline today caused by concerns that gasoline prices will be higher tomorrow is most likely attributable to consumer expectations or consumer preferences?
consumer preference
What is one drawback to consumer-protection regulations?
Higher costs for production, leading to higher consumer prices.
What are the effects of increasing interest rates on inflation and consumer prices?
Increasing interest rates make the cost of borrowing funds higher. Due to the higher cost of borrowing the consumer prices typically fall which lowers the rate of inflation. Consumer prices fall because consumers are less likely to use credit to make purchases and when they do a higher percentage of their assets go towards paying interest and in turn lowering their buying power.
What effect can unethical consumer behavior have on you?
You will pay higher prices on goods and services.
How does fair trade affect the consumer?
prices are higher, and so is the moral value
What is one benefit of consumer protection regulations (Apex)?
Higher prices charge by producers
What will happen when consumer incomes increase?
The prices of the goods will likely increase as well due to it.
How the electricity's price affects a company?
The higher electricity prices become results in the higher the company's overhead operating costs become. This in turn takes away from the profit margin. To maintain the company's profit margin, higher prices are charged to the consumer. The company just pass the extra cost along and the more a consumer has to pay.
Behavior of a consumer if the prices of a commodity change holding his money income constant under the ordinalist approach?
Depend on the change; higher prices or lower ones.
How did high tariffs hurt Americans?
High tariffs caused the prices for goods to be higher for the consumer. When the price of goods rise, it makes it harder for the common consumer to afford their necessities.
How did tariffs hurt many Americans?
High tariffs caused the prices for goods to be higher for the consumer. When the price of goods rise, it makes it harder for the common consumer to afford their necessities.
Is it cheaper to shop in Swaziland than in Johannesburg?
Consumer prices are over 10.43% higher in Swaziland than in South Africa.
