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Simone wants to purchase the latest popular toy this Christmas and cant find any in the stores Someone offers her one for 100 when she knows that the toy normally retails for 30?
Wiki User
∙ 14y ago
Prices rise when demand exceeds supply.
the correct answer is
B. right and a supply curve shifting to the left.
i guess c but got it wrong, so i know for sure that it's b
Wiki User
∙ 13y ago
Wiki User
∙ 14y agoClassic supply and demand. The person offering the item knows how to plan ahead!
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Simone wants to purchase the latest popular toy this Christmas and can't tind any in the stores someone offers her one for 100 when she knows that the toy normally retails for30 This is illustratin?
Making a profit
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Simone wants to purchase the latest popular toy this Christmas and can't find any in the storesomeone offers her one for 100 when she know that the toy normally retails for 30this is..................?
right and a supply curve shifting to the left
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Simone want to purchase the lastest popular toy this Christmas and can't find any in the stores someone offers her for 100 when she knows that the toy normally retails for 30 this is illustrating?
The law of supply and demand The toy is in short supply (hard to find) compared to the number of people who want to buy it. (demand) Thus a seller may be able to command a higher price.
Simon wants to purchase the latest popular Christmas toy this Christmas and cant find any in the stores someone offers her one for 100 when she knows that the toy normally retals for 30 this is il?
No, a person selling a toy (assumably after legal purchase) for more than the toy retails is not an illegal action. If there is a short supply of items combined with a high demand for those items, the price of the items will go up. Since retailers cannot normally charge more than a certain percentage over MSRP for toys, diligent individuals will step in and buy as many as possible (further lowering supply) and resell them at a profit.
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If you are interested in purchasing elegant Christmas cards, there are numerous stores and websites you can get them from. One of the more popular and reliable websites is Zazzle.
From where could someone purchase oilskin from?
There are many places where one can purchase oilskin from. One can purchase oilskin from popular on the web sources such as Amazon and Oilcloth By The Yard.
