Prices are mostly based on the laws of supply and demand.
If a product is very popular and there is a low supply, the marketer would probably raise the price.
Because pickles
the factors that cause the demand curve for bonds to shift are: increase/decrease in inflation rate increase/decrease of common stock increase/decrease of stock prices useful table :
Prices can be accompanies by either inflation, an increase in real wages, or a decrease in consumption.
Flight prices do not typically decrease at the last minute. In fact, they often increase as the departure date approaches. It is generally recommended to book flights in advance to secure the best prices.
Inflation is the rate of increase in prices over a given period of time.
Prices normally increase as demand increases and decrease as demand decreases.
False!Inflation means a dramatic increase in prices. The opposite of inflation is deflation. Deflation is a dramatic decrease in prices.
Inflation describes a sustained increase in the general level of prices over a period of time, resulting in a decrease in the purchasing power of a currency.
Shops need to use ICT because some times to increase and decrease costs this will lower prices and increase profit
Flights do not typically decrease in price at the last minute. In fact, prices tend to increase as the departure date approaches. It is usually recommended to book flights in advance to secure the best prices.
If there is no form of price control in place then yes it does.
demand refers to need for a resource. the law of demand states that an increase in demand will result in an increase in price, ceteris paribus. in a free market economy, sellers are free to increase prices when demand increases. in a closed economy prices are controlled by government. an increase or decrease in demand doesn't affect prices.