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Q: Would a famine increase share price in commodities such as wheat?
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What is praise rise in essential commodities?

because if the price of the commodity increase then the demand will decrease


What happen if a country prints more money and put it into circulation?

That will cause inflation. I.e increase in general price of commodities in the market


What is a commodity index used for?

A commodity index is something that tracks the price of different commodities. It often uses the average price of commodities, and is designed to encompass all types of commodities such as petrol and metals.


Does the price of commodities remain unchanged during the change in demand of those commodities?

Almost certainly not.


Commodity brokers use forward and futures contracts for what reasons?

The seasonal nature of many commodities would lead to wide variation in supply and price without these contracts.


Commodity brokers use forward and futures contracts for which of the following reasons?

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What is price of commodities?

The price of a commodity simply means the price of goods/stock/items.


Price of substitutes and complements vs price of commodities?

Relationship of good price to price of substitutes and complements: 1) Substitutes: as the price of substitutes for a good falls, the price of a good must fall in order to maintain demand. 2) Complements: as the price of complements falls, the price of a good can increase and still maintain the same level of demand.


Which answer would cause an ''increase in quantity supply'' for computers?

Increase in the price of computer.


Supplier price response to excess demand?

supplier would increase the price


Differentiate between price consumption and income consumption curve?

the main difference in these is this that when price of any of commodity (x,y) decrees but the budget remain same it will show price consumption curve and when income increase and the price of commodities (x,y) remain same it will show the Income consumption curve.


What is the bid an ask price in commodities?

"Ask" is the price sellers are asking for their commodity. "Bid" is the price buyers are willing to pay.