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Most people are surprised to know that there are more horses in the world today than ever before. With the advent of the machine the horse is no longer used for transportation and power. We don't depend on him for our livelyhood or life. But humans don't seem to be able to live without horses. It must be that we know that we are much better with them than without them.
What else can I help you with?
When demand is constant and supply increase what about price?
The price will decrease. The product is now 'less rare' and will then be less valuable.
How consumer demand affect business?
if demand for anything is more than that product will sell more, if there is no demand for an item then that will not sale.so if sales are more there would be more profit ,if sales are less profit will also less. more profit means a good business and less profit means that business is not in a good position. i hope now u can understand it.shortly more consumer demand more good business,less consumer demand less business.
How business affects consumers?
if demand for anything is more than that product will sell more, if there is no demand for an item then that will not sale.so if sales are more there would be more profit ,if sales are less profit will also less. more profit means a good business and less profit means that business is not in a good position. i hope now u can understand it.shortly more consumer demand more good business,less consumer demand less business.
Why the demand and cost of tennis shoes have change?
because it was back in the day and things cost less then than now
When the supply is less than demand there is a what?
If the supply is less than the demand, there will be a shortage and price increase.
When the supply is less than demand there is a?
If the supply is less than the demand, there will be a shortage and price increase.
True or False the steeper the demand curve the less elastic the demand curve?
It is false that the steeper the demand curve the less elastic the demand curve. The steeper line is used in economics to indicate the inelastic demand curve.
As consumer demand decreases businesses will be more likely to raise prices.?
No way, the opposite would happen by nature of the law of supply and demand. If people want something less than they did yesterday, businesses would be foolish to raise prices because not only did demand decrease, but now you would have to pay more for something that's wanted less.
Which module have demand in sap?
SAP WM is in demand right now.
How would falling cottons prices lead to less demand for farm works?
It would lead to less demand for farms is that when farmers don't have the right amount of cotton they need they can loose demand for it
How are prices determined in a well functioning economy?
By simple supply and demand theory. The more demand, or the less supply, will lead to higher prices. The less demand, or more supply, will lead to lower prices.
How did the cotton gin lead to a demand for more enslaved labores?
The Cotton Gin merely raised the demand for cotton as it was a machine that quickly separated the cotton from the seed. But what the Cotton Gin couldn't do was pick the cotton. Paying people to pick the cotton was now even less cost efficient...
