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What would most likely happen to the price of a product if the supply of that product decreased?
Wiki User
∙ 13y ago
Supply is inversely proportional to inflation, so the priceof the product will decrease
Wiki User
∙ 13y ago
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What is most likely to happen to the price of a product if demand and supply increase at the same rate?
prices stay stable. studddy islannd ! :)
The Law of Supply and Demand states that if the supply of a product increases then the price of that product will?
decrease. It will also decrease if the demand decreases. Conversely, if the supply of a product decreases or if the demand increases, the price will increase.
What will happen when the supply of a product increases According to Adam Smith?
the price of the product will decrease
What might happen to make a producer decrease his or her supply of a product.?
Because if the factor price is increased, the producer will have less resources to make their product and will have less products to supply
What is an increase in demand likely to lead to?
If there is an increase in demand, there will be increase in the price of the product if the supply remains the same. But if the manufacturer or supplier is able to supply increased quantity of product there will be no major effect.
What is most likely to happen to the price of a product if demand and supply increase at the same rate?
prices stay stable. studddy islannd ! :)
What is most likely to happen to the prices of a product if demand and supply increase at the same rate?
prices stay stable. studddy islannd ! :)
The Law of Supply and Demand states that if the supply of a product increases then the price of that product will?
decrease. It will also decrease if the demand decreases. Conversely, if the supply of a product decreases or if the demand increases, the price will increase.
What will happen when the supply of a product increases According to Adam Smith?
the price of the product will decrease
What happen when the demand for a product?
When demand decreases, supply increases.
What will happen when the demand for a product increases according to Adam Smith?
Supply increases.
According to Adam smith what happen when the demand for a product decreases?
Supply increases.
What might happen to make a producer decrease his or her supply of a product.?
Because if the factor price is increased, the producer will have less resources to make their product and will have less products to supply
How decreased blood supply effect muscle activity?
Decreased blood supply in the muscle can cause anoxia then paralysis.
What is the term for decreased blood supply?
Ischemia is the medical term meaning decreased blood supply. Prolonged ischemia can lead to infarction.
What is an increase in demand likely to lead to?
If there is an increase in demand, there will be increase in the price of the product if the supply remains the same. But if the manufacturer or supplier is able to supply increased quantity of product there will be no major effect.
What happen to demand curve when determinants change?
A change in any one or more of these determinants of supply, or supply shifters, will move the supply curve for a product either right or left.
