0
Prices go down so that people can come into a shop and say "hey that is cheap so I can afford it". If the prices were too high people wouldnt be able to afford things.
One reason electronics prices decrease is that they are mass produced and the costs continue to decrease. Another is that they start with a high markup when the product is the newest top item and as newer better models come out the prices must decrease on the older models. Another is that the item becomes dated. Who would pay full price for last year's new automobile, motorcycle or similar products.
Competition also cause products to decrease in price and it is strongest during highest season's volume of customers to purchase an item. Like swimming suits in the spring. Another reduction comes when retail stores and manufactures want to reduce the inventory of the leftover seasonal merchandise
What else can I help you with?
Which increases when either prices go down or incomes go up?
The demand for goods and services typically increases when prices go down or incomes go up. Lower prices make products more accessible to consumers, leading to higher demand. Similarly, when incomes rise, people have more purchasing power, allowing them to buy more goods and services. Both scenarios create a favorable environment for increased consumption.
What is meant by the term news?
This term means news about commodities such as goods and so forth.This is how share prices are decided and how the Stock Market functions.The prices go up and down daily.
What is meant by the term commodity news?
This term means news about commodities such as goods and so forth.This is how share prices are decided and how the stock market functions.The prices go up and down daily.
A protective tariff on manufactured goods would cause the prices of those goods to go to what?
Higher
Will air fares to Ireland go down?
It all depends on oil prices. If oil prices go down, then yes.
Why does globalization lead to a reduction in prices for goods and services?
Competition for jobs drives down wages, which helps companies lower their prices.
A protective tariff on manufactured goods would cause the prices of those goods to go lower or higher?
generally, the price would go higher.
How did overproduction cause farm prices to go down?
Overproduction caused farm prices to go down because when there is more than enough product, the demand goes down. Prices only go up when demand goes up.
What is a list of prices of goods or books?
what is a list of prices of goods and books
Why do stocks go up or down in price?
Stock prices go up or down based on the Demand - Supply theory. Whenever the demand for a stock is more than its supply its prices go up Whenever the supply of a stuck is more than its demand its prices go down
What is it called when the prices of goods go up faster than the value of money?
inflation
Why is it when Petrol prices go up food prices go up but when petrol prices go down food prices remain as they are when petrol prices start to go up again food prices go up so the consumer cant win?
you got it all in one!
