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What economic concept is best escribed as a rise in prices with a decrease in the value of money?
Wiki User
∙ 10y ago
Inflation
Wiki User
∙ 10y ago
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If supply exceeds demand for a product what economic explanation occurs?
prices decrease
How does share value decrease?
When there are lots of buyers, share prices go up, but when buyers sell their share, and there are no other buyers, share prices take a massive drop, i.e. this economic downfall
What is economic condition characterized by rising prices?
Inflation is an economic condition characterized by rising prices.
Is an economic condition characterized by rising prices?
Inflation is an economic condition characterized by rising prices.
What is an economic condition characterized by rising prices?
Inflation is an economic condition characterized by rising prices.
Will video cameras prices continue do decrease over time ?
I'm sure video camera prices will continue to decrease over time. The inventions of new, more convenient technologies have made cameras less "needed". Therefore the prices will decrease. :)
When supplies are endless prices tend to .?
Decrease
What does the economic market do if demand remains the same and supply increases?
If demand remains the same and supply increases, then the prices of goods will decrease. An over-saturated market will lower the price of the product.
Economic and non economic want?
An economic want is like America wants gas prices to be lower, a non economic want would be wanting milk prices to be lower.
Tightening of credit and a sharp decrease in farm prices led to what?
Yes, the tightening of credit and a sharp decrease in farm prices touched of the Panic of 1819.
Will gold price decrease in future?
Gold prices have been on the high rise for some years now, and no it does not look like gold prices will decrease in the near future.
How does competitiors low prices affect your sales?
Obviously it will decrease your sales if their prices are below yours.
