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Illstrurate te effect od subsidy in a market by using a demand and a supply diagram?
Wiki User
∙ 14y ago
use a demand and supply diagram to illustrate the effect of a subsidy.
Wiki User
∙ 14y ago
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In an aggregate demand-aggregate supply diagram what will equal decreases in government spending and taxes do?
No effect. Spending will decrease Aggregate Demand, lower taxes will raise Aggregate Demand
If a price increase has little or no effect the demand for the product is?
When a price increase has little or no effect on the demand for a product, it is inelastic.
How will demand effect price and quantity?
High Demand Lowers QuantityLow Demand increases price and quantity
What effect does the availability of many good substitutes have on the elasticity of demand for a good?
Demand is elastic
What best explains why the law of supply and demand has an effect on labor market?
In the law of supply and demand the effect on the Labor Market is that labor is a commodity.Labor is a commodity
In an aggregate demand-aggregate supply diagram what will equal decreases in government spending and taxes do?
No effect. Spending will decrease Aggregate Demand, lower taxes will raise Aggregate Demand
What is the effect of removal of oil subsidy on the Nigeria economy?
Effect of fuel subsidy removal in nigeria economy
If a price increase has little or no effect the demand for the product is?
When a price increase has little or no effect on the demand for a product, it is inelastic.
How will demand effect price and quantity?
High Demand Lowers QuantityLow Demand increases price and quantity
Why velocity diagram are required for centrifugal pumps?
velocity diagram indicate the effect of vane angle, effect of jet angle on impeller speed
What effect does the availability of many good substitutes have on the elasticity of demand for a good?
Demand is elastic
When the supply of goods decreases what kind of effect does it have on demand?
It doesn't have a direct effect on demand... if suddenly there were less toothpaste at the grocery store, the demand would remain the same. If the supply gets too low to meet the demand, the price will go up, and if the price goes up, that might have an effect on demand... some people will use other options besides toothpaste.
What best explains why the law of supply and demand has an effect on labor market?
In the law of supply and demand the effect on the Labor Market is that labor is a commodity.Labor is a commodity
What is a price cut when the demand for a normal good is price inelastic?
Demand is inelastic when changes the in price of a commodity do not effect (or have very little effect) the quantity of that product demanded. For most commodities, demand decreases with price increases and demand increases with price decreases.
What is in effect when investors purchase stock?
supply and demand
Can factors that effect demand also affect supply?
no
The final outcome of using the cause-and-effect (Fishbone) diagram is to identify the problem statement.?
The final outcome of using the cause-and-effect (Fishbone) diagram is to identify the problem statement.
