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If a company raises its price for holidays over the equilibrium price the demand will?
Wiki User
∙ 14y ago
if a company raises its price for holidays over the equilibrium price, the demand will
Wiki User
∙ 14y ago
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If a company raises its prices for holidays over equilibrium price the demand will?
A company that raises their price over equilibrium during the holidays will see a sale only if the other providers sale out. If the other companies don't sell out, then the company will not sell any of its products.
If a company raises its price for holidays over the equilibrium price the demand will decrease the supply?
decrease and the supply will increase.
How does the consumer surplus change as the equilibrium price of a good rises or falls?
As the equilibrium price of a good raises the producer surplus increases as well, and as the equilibrium price falls the producer surplus decreases accordingly.
What happens when demand of a good Increases?
Given supply, if demand of any good increases it raises the prices of the good.
An increase in the federal budget deficit?
Raises the equilibrium level of output and employment.
Which statement best best describes the law of demand best?
The law of demand states that as the price of a good or service decreases, the quantity demanded by consumers increases, and vice versa. In other words, there is an inverse relationship between price and quantity demanded - when the price goes down, people buy more, and when the price goes up, people buy less.
What does an increase in productivity indicate?
It indicates the efficient use of your company's force. Most of the time it is a good sign, because when productivity raises demand raises as well. So there is a lot of demand for your service/product. When you produce more (output is bigger) you may experience internal / external economies of scale. Costs get lower; revenue increases. As a result TP (total profit) (has) increases(d) as well.
If Marginal propensity to consume of 06 and a marginal propensity to import of 02 the government increases its spending by 2 billion and raises taxes by 1 billion what happens to equilibrium income?
The equilibrium income would increase 1.06 billion dollars.
An increase in the demand for notebooks raises the quantity of notebooks demanded but not the quantity supplied?
False. An increase in demand means a shift of the demand curve to the right, it will increase both price and quantity supplied.There is no shift of the supply curve.
Why is marketing the most important function in a company?
Probably because it raises awareness off what that company is offering to the consumer
Do obstetrician get raises?
Obstetricians can receive raises based on various factors, such as their level of experience, performance, and the policies of their employer. Raises can also be influenced by factors like demand for obstetricians in a particular area or the overall economic conditions. Medical professionals, including obstetricians, may negotiate salary increases or receive annual raises as part of their employment contracts or agreements.
What type of salary raises can a computer programmer expect in their career?
Salary raises in any field are directly linked to the perceived benefit to the employer. If a programmer is not GOOD for the company, why would the company want to offer incentives for the programmer to stay around? On the other hand if a programmer, or for that matter any employee, is a benefit to the company he or she can expect significant raises through his/her career. Companies do not want to have the good people leave.
