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Discounts give more consumers the ability to purchase goods. While full priced items or services may be financially out of reach for some individuals, these same items at a discounted price may be a luxury that they can afford.
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Questionnaire on effects of inflation on consumer purchasing power?
max white
What are the effects of purchasing power due DISCOUNT?
When there is a lot of purchasing power due to discounts, a shortage will happen if the product is highly demanded. If customers don't want the product, then there could be a surplus.
What is difference between indifference curve and budget line?
budget line shows purchasing power of an consumer but indifference curve show willingness of consumer for two commodities.
Will an increase in supply cause an increase in consumer suplus?
yes because increase in supply will cause decrease in price so the purchasing power of consumer will increase as a result of surplus
What does the us government use consumer price index to measure?
an economic measurement that helps determine changes in the purchasing power of a dollar
Questionnaire on effects of inflation on consumer purchasing power?
max white
What are the effects of purchasing power due DISCOUNT?
When there is a lot of purchasing power due to discounts, a shortage will happen if the product is highly demanded. If customers don't want the product, then there could be a surplus.
Does cosigning for a rental property affect your purchasing power?
It may not affect your own purchasing power at first. However, if for some reason the primary on the lease fails to pay or damages the rental property and leaves then you will be fully responsible for the rent and the cost of the damages. That will affect your own credit rating. That will affect your purchasing power. You should make certain that you can absorb those costs before you co-sign.
What is difference between indifference curve and budget line?
budget line shows purchasing power of an consumer but indifference curve show willingness of consumer for two commodities.
What statement best describes conditions in the 1920s in the US?
An increase in the availability of credit resulted in an expansion of consumer purchasing power.
Will an increase in supply cause an increase in consumer suplus?
yes because increase in supply will cause decrease in price so the purchasing power of consumer will increase as a result of surplus
What does the us government use consumer price index to measure?
an economic measurement that helps determine changes in the purchasing power of a dollar
What is the definition of the term Consumer Price Index?
Consumer Price Index (CPI) is a measure of changes in the purchasing-power of a currency and the rate of inflation. The consumer price index expresses the current prices of a basket of goods and services in terms of the prices during the same period in a previous year, to show effect of inflation on purchasing power. It is one of the best known lagging indicators. See also producer price index.Refer to link below.
Why do people In a free market economy those with income are able to use purchasing power to motivate businesses to produce certain goods?
consumer sovereignty
Why would workers and retirees want to have their wages and benefits indexed to the Consumer Price Index CPI?
To maintain their purchasing power during years of rising prices
How does consumer lifestyle affect consumer behavior?
A consumer's lifestyle mainly depends upon following factors: Income Marital status Culture Social group & Buying power. Any change in one of them changes the behaviour of consumer. From Raja Khan
What best describes economic trends in the 1920s?
Consumer goods were more available and affordable than ever, but workers' purchasing power decreased over the course of the decade.
