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larger quantity of money in circulation
What else can I help you with?
What causes an increase in the value of an option?
An increase in the market price of the item the option is for.
What is caused by a raise in the price of a product?
The raise in the price of a product causes an increase in competition.
What causes an increase in the quantity supplied?
when the price of the commodity increases
What causes an increase in market supply?
a decrease of price in the cost of raw material.
Why is aggregate supply related to the price level?
This is in accordance to the Demand & Supply Theory... When the demand for a product is high and its supply is low, this usually causes the price of that commodity to increase Similarly when supply for a product is high and the demand for that product is low, it causes the price of that product to decrease. Hence the supply is inversely related to the price of any product (Provided the Demand is in accordance to the two points mentioned above)
What is Difference between extension of demand and increase in demand?
In AS/A2 examination economic theory, an increase in demand would normally refer to an increase in the quantity demanded at every price level (i.e. a shift in the "curve"). An extension of demand is an increase in the quantity demanded because the price has changed (usually because supply has shifted) - ie a movement along the demand curve. Sad but true!
Is oil costly?
Yes, very. Because of the tedious process and shipment it causes the price to increase.
List of causes of unfavorable direct material price variance?
1.rise in price. if price will be higher than the budgeted price then unfavourable 2.shortage of suppliers. this led to increase in price
A 10 percent increase in the price of sugar reduces sugar consumption by about 5 percent The increase causes households to?
spend more on sugar
When demand is elastic a decrease in price causes quantity demanded to?
These factors mean that quantity will increase at a more than proportionate amount to price.
Chicago Quantity Theory Of Money?
This theory holds that money has a directly proportional relationship with the price level in the current market; that more money circulating would increase prices.
Which is most consistent with the law of demand?
An increase in the price of heating oil causes a decrease in the quantity of heating oil demanded.
