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A pharmaceutical company has a monopoly on a new medicine. Under pressure by regulators and consumers the company is considering lowering the price of the medicine by 10 percent. The company has hired?
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What is the struggle among sellers to attract consumers while lowering costs?
Competition
Concern about an international crisis has caused consumers to save their money and postpone big purchases what is the effect on aggregate demand and supply?
aggregate demand will decrease, lowering both real GDP and the price level
Orcording to law if you have high supply with low demend you get lower prices?
When supply is greater than demand, consumers are at liberty to choose from their many options. This leads to sellers lowering their prices to remain competitive, and entice customers to choose them.
Does lowering resistance increase current?
Current is proportionally inverse to resistance and when the voltage is fixed, lowering resistance will increase the current
Which of these is not a shared goal of both the fiscal and monatery policy?
lowering interest rates
What is the struggle among sellers to attract consumers while lowering costs?
Competition
In a free enterprise system how does competition among businesses benefit consumers?
by lowering prices
How does lowering taxes help?
Lowering taxes, either personal or corporate taxes, provides more capital in the hands of consumers or business ... capital for consumers to spend on the goods and services provide by business ... capital for businesses to grow, expand and hire.
What is an argument in favor of lowering the levels of personal income tax?
Consumers will spend more money in the free market.
Which of the following is an argument in favor of lowering the levels of personal income tax?
consumers will spend more money in the market.
What is an antipyrectic?
An antipyretic is a type of medication that will prevent or reduce fever by lowering body temperature from a raised state.
Concern about an international crisis has caused consumers to save their money and postpone big purchases what is the effect on aggregate demand and supply?
aggregate demand will decrease, lowering both real GDP and the price level
How may government lessen the problem of unemployment?
the government can use its powers to increase levels of spending by consumers, businesses, and the government itself and by lowering taxes or giving tax incentives
What factors are affected when taxes are raised or lowered?
When taxes are raised and lowered, the economyi s affected, the money exchange rates and also the lives of people and consumers. This is because there lowering and highering of taxes will take its toll on the consumers and how they are able to balance their salaries and incomes for everyday use.
What is a hit-and-run pricing?
Hit and run pricing is a marketing strategy mainly used by those who sell online. It is a method of lowering and raising prices to get attention from all levels of consumers.
Why did some people believe that lack of competition would hurt consumers?
Theoretically, competition keeps prices low because various firms vie for the business of consumers. When they compete, they attempt to win a larger market share by lowering prices. Therefore, if competition is lacking, prices will increase. Take a monopoly for example. No competition means they can set really high prices.
What is an example sentence with the word lowering?
they are lowering their standards. Why are you lowering your pants?
