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What will happen with demand for coffee if people expect the price of packaged coffeee to rise next week?
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If people expect the price of packaged coffee to rise next week coffee demand will?
increase
Why growth in one good increase consumption of both goods?
If goods are dependent on each other, this might be case. Take for instance sugar and coffee or tea. If demand for coffee or tea rises, you can expect the demand for sugar (or milk or any other related product) to rise as well.
In what would you expect determinant of demand for computers to differ from the determinants of the demand for milk?
in what respect would you expect determinant demand for computers to differ from determinants of the demand for milk
How does supply affect the prices firms charge for goods to consumers?
Change in either demand or supply will cause change in both price and quantity. Suppose people started seeing this headline everywhere: “Medical researchers discover that drinking coffee has immediate health benefits.” What do you expect would happen to the price and quantity of coffee that is exchanged in the market? The news might alter consumer tastes for coffee and lead to an increase in the demand for the drink. As demand increases, the quantity that consumers are willing and able to purchase at every price increases. Because coffee is relatively scarce and its producers face increasing marginal cost, the equilibrium price and quantity of coffee will rise in response to the increased demand.
If there is an ecxess supply of a good you can expect?
With no subsequent change in demand, you can expect prices to drop.
How much should I expect to pay for a average sized mahogany coffee table?
Coffee table pricing varies significantly. You can expect to pay anywhere from $200 upwards
When the population increases you can expect overall demand to?
Increase
Consumers expect certain goods and services to be available on demand during?
both high and low demand periods
Explain what will happen with demand for coffee if people expect the price of packaged coffee to rise next week.?
people will probley drink less coffee and but some today to stock up for later. More on this Sales of coffee would rise dramatically as people rush to stock up. This may appear to be good for the coffee companies however the sales in the following weeks and months would drop dramatically especially if those expected price increases failed to happen. This would affect the producers ability to provide the freshest possible product as store shelves would not need restocking as quickly as usual. Tinned or prepackaged coffee would not suffer as bad as fresh roast suppliers. This unusual blip in sales would also affect the long term sales forecasts the following year and coffee producers may fail to reach projected targets which are set based on last years numbers.
Are Greeks coffee drinkers?
Yes, Greeks may be coffee drinkers. The traditional Greek coffee is stronger than coffee drinkers in the United States of America may expect. It also is served in much smaller cups.
If consumers begin using credit cards for all of their purchases you would expect to see inc demand for money dec demand for money dec in quantity demanded of money?
decrease in the demand for money
The price of Starbucks coffee in Singapore?
As of May 2014, the price of a cup of coffee from Starbucks in Singapore will vary. This depends on the size of the cup. For a tall, coffee drinkers can expect to pay around $2 or 2.50 Singapore dollars.
