yes because of the cloth
bez when demand function have price on y-axis, its mean that price have the inverse relation to the demand, in other words price lead to demand curve.
The rate of change of price and the rate of change of demand as a function of price.
Demand schedule: a list of demand/price equivalencies. It can best be seen as a table with discrete points. Demand function: a continuous function of price-demand interaction. Main difference: schedule is discrete; function is continuous.
A price ceiling will undermine the rationing function of market-determined prices by creating a shortage. This is a price which is below equilibrium which will lead to more demand that supply that will cause a shortage.
It means that the incentive is in the form of money.
yes because of the cloth
yes because of the cloth
Sold by the linear yard usually referrs to something that has width in addition to length but the length is used to determine price. And example is fabric/cloth -- it's sold for so much per linear yard, meaning how long a piece you want. The width is included in the price per yard.
sale, sail
Sale: an event where goods are sold at a low price.Sail: the large piece of cloth attached to the rigging of a ship or boat and which catches the wind and propels the vessel.
The price of leather depends on its type (cow, pig, deer, etc.) and quality. The size of the hide determines the maximum length of the piece, and since larger pieces are more likely to have flaws the price for a relatively flawless piece can increase significantly.
they are usually £1.00 to £2.00.
$2000,000,000, dollars of more
Price per piece means that an individual piece/item is priced as shown. E.g. Walkers Crisps Price per packet (piece/item): 30p Therefor 10 packets would cost £3.00.
It varies tremendously depending upon what kind of cloth and what width. The range is probably $1 to $100.
cloth
.50 per yard