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On one hand, it makes buisnessmen strive to do better and stay one step ahead of their next competitor. This means an increase in quality and decrease in cost. The downside is that living in such a destructive environment causes an overwhelming feeling of isolation, selfishness and bigotry.
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What are 5 factors that affect the demand of fast moving consumer good?
The 5 factors that affect the demand of fast moving consumer good include the price, quality, availability, competition and the use of the products. There are many other factors that affect the demand for such commodities
Why monopolistic firm produce more?
When there is no competition, the amount you can produce is dictated by the demand, while when there is competition, part of the demand is met by the competition and you can only sell enough to meet the remaining demand, thus without competition a firm looks like making more, but in reality does not.
What is the simultaneous demand for limited resources?
Competition
What may affect the future level of demand for stationary stock?
Money as this will be lead from the recession, also competition for example other companies will be also struggling to offload stationary stock.
How does an increase in a products price affect demand for the demand for the product's complements?
It can affect demand because of individual low income earner.
Factors that affect Boeings planning?
Demand, cost of raw materials and competition
What are 5 factors that affect the demand of fast moving consumer good?
The 5 factors that affect the demand of fast moving consumer good include the price, quality, availability, competition and the use of the products. There are many other factors that affect the demand for such commodities
Why monopolistic firm produce more?
When there is no competition, the amount you can produce is dictated by the demand, while when there is competition, part of the demand is met by the competition and you can only sell enough to meet the remaining demand, thus without competition a firm looks like making more, but in reality does not.
What is the simultaneous demand for limited resources?
Competition
How the increase in expansion affect the demand?
Increase in expansion affect the demand because more supply/expansion with constant demand will lead to excess in expansion which affect the demand.
Factors affecting shares market?
There are several factors that affect shares market. Some of them include price, competition, nature of product, demand and so much more.
What control the petrol price?
Supply, demand & competition.
What may affect the future level of demand for stationary stock?
Money as this will be lead from the recession, also competition for example other companies will be also struggling to offload stationary stock.
How does an increase in a products price affect demand for the demand for the product's complements?
It can affect demand because of individual low income earner.
Distinguish between industry demand and firm demand?
Industry demand is subject to genera economic conditions. Firm demand is determined by economic conditions and competition
What is the distinctive feature of the demand curve of a firm in pure competition?
The demand curve would be perfectly elastic.
What is aggregate demand and what are the factors that affect aggregate demand?
nothing
