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The primary demand for lead in 2003 resulted from growing demand for rechargeable automobile batteries
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∙ 13y ago
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When a change in price does not lead to changes in demand the demand is called?
inelastic demand
Are the uses and demand for lead adequately met by the production of your metal?
are the uses and demand for lead adequately met by its productuion
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.
Why was lead demand weaker after the 1970's?
The abandonment of lead as an anti-knocking additive to gasoline and the discontinued use of lead as an insulator in water pipes, contributed to lower demand beginning in the 1970s.
How the increase in expansion affect the demand?
Increase in expansion affect the demand because more supply/expansion with constant demand will lead to excess in expansion which affect the demand.
What final demand will end negotiations and lead to war?
ultimatum
Why price on y-axis in demand function?
bez when demand function have price on y-axis, its mean that price have the inverse relation to the demand, in other words price lead to demand curve.
If a is an inferior good and consumer income risesthe demand for a will?
Inferior goodA good for which an INCREASE(decrease) in consumer income will lead to a DECREASE(increase) in demand for that good.Normal GoodA good for which an INCREASE(decrease) in consumer income will lead to a INCREASE(decrease) in demand for that good.
How may changes in prices affect the demand for a good?
Price and demand of a good have inverse relationship. An increase in the prices of a good will lead to fall in the demand of a good and viceversa.
Final demand that if not met will end negotiations and lead to war?
ultimatum
What is a final demand if not met will end neogoiations and lead to war?
Ultimatum
