0
5 The price of blue jeans has risen substantially in recent years Demand for blue jeans has also been rising This is hard to explain because the law of demand says that higher prices should lead to?
Wiki User
∙ 14y ago
Higher price should lead to Lower Demand?? But Higher Demand lead to Higher price! Who leads to whom?? But I don't think the price is rising, as I just find a good place with cheap blue jeans.
It is www.elinestore.com . It seems the price is down and down crazy!!
Wiki User
∙ 14y ago
Add your answer:
Earn +20 pts
How do you explain What are the types of demand?
Negative demand nonexistent demand latent demand declining demand Irregular demand full demand overfull demand unwholesome demand
Demand curve slopes downwards from left to right. this is the negative slope that shows the inverse relationship between price and demand. explain why does the demand curve slope downwards?
because demand decreases as price increases :)
What are demand distinctions in managerial economics?
Explain the managerial uses of demand distinction
Is price elasticity constant along demand curves?
explain why the price elasticity of demand varies along a demand curve, even if the demand curve is linear.
Movement along a demand curve?
explain graphically the movement along the demand curve
How do you explain What are the types of demand?
Negative demand nonexistent demand latent demand declining demand Irregular demand full demand overfull demand unwholesome demand
Demand curve slopes downwards from left to right. this is the negative slope that shows the inverse relationship between price and demand. explain why does the demand curve slope downwards?
because demand decreases as price increases :)
List the factors that affect demand and explain only three?
demand
List and explain the three different types of money demand?
read demand
Marketing management is demand management explain?
Marketing management demand management?
What are demand distinctions in managerial economics?
Explain the managerial uses of demand distinction
How can you find the DD in Demand Draft?
A DD refers to a Demand Draft. Can you explain on what exactly you want to find in a Demand Draft?
Is price elasticity constant along demand curves?
explain why the price elasticity of demand varies along a demand curve, even if the demand curve is linear.
Movement along a demand curve?
explain graphically the movement along the demand curve
Explain why the law of demand can apply only in a free market?
Because the free market is the entity that in itself dictates the law of supply and demand. If the purchasing public has a high demand for a product, then more of that product is produced. Conversely, if there is only a low demand for a product, less of that product is produced.
Why is industrial demand called derived demand?
because the demand comes from end user
Where is business demand often derived?
The nature of the demand for products differs from consumer demand because it is often derived from consumer demand.
