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Absolutely not. Lets compare building a computer with AlienWare (considered the highest of qualities and highest values by many) with building the exact same computer by ordering the components seperately thanks to services like Pricewatch.com, TigerDirect.com and NewEgg.com, not to mention several others. A brand new computer with the following specs * 1 x Core I7 processor * 3 x 2GB DDR3 RAM * 2 x 256 GB Solid State Disks * 2 x CrossfireX 512GB Nvidia video cards * 1 x Killer brand Network Interface Card * 1 x 1200w Power Supply * 1 x Water cooling system * 1 x computer case At Alienware, this computer costs over $4,000 US. Using Pricewatch I was able to price out this exact same computer for $2000. To answer your question, no the lower the price does not mean a lesser value, but you have to check the components and specs of the computerand know what you're buying.
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∙ 15y ago
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What is the rule stating that more of a product will be consumed at a lower price and less will be consumed at a higher price?
Law of demand
How does price level affect aggregate supply and demand?
Yes. if a price is lower, then then demand will be higher, because a person will get a relative value for less cost than it had before, and therefore more people will buy more products. and the other way around.
How does consumer expectation affect demand for certine goods?
Consumers will buy more of a good when its price is lower and less when its price is higher.
What is difference between market to book value and price to book value?
That is a good question that a lot of people get confused about. In accounting, assets are recorded on your books at cost (what you paid for them). That value (less any accumulated depreciation or impairment expense) is your book value. That is, your book value is based on what you paid for the asset as opposed to it's market value. A market value (fair value) is what that asset would sell for on the open market if you attempted to sell it. This is a very subjective judgment, which is the main reason accountants don't usually report assets at market value in the United States (there are some exceptions in relation to securities). A price is what an asset actually is being sold for. Price and market value are usually the same thing, but sometimes factors make price higher or lower than market value. This is usually as a result of government regulations, or company pricing policies.
How will consumers react to the incentive of a higher price on a good or services?
The negative incentive will cause consumers to purchase less of a good or service if it is of lower quality
How can the price of a company's share be less than the face value of the share?
How can the price of a company's share be less than the face value of the share?" How can the price of a company's share be less than the face value of the share?"
The price of a computer in 2007?
Th price of a computer in 2007 would cost like about $750.99 if so more than that but less than1,000.
How do you of what kind of computer best fits you?
There are computers with a price tag which suits your needs. Higher the price, the more you can do and better the performance. Less price means the computer has a lower spec and will not run as fast. In the middle is perfect for users who like online shopping, socializing, flash gaming and maybe playing PC games (older games).
Can the market price be less than the conversion value?
Yes.
What is the rule stating that more of a product will be consumed at a lower price and less will be consumed at a higher price?
Law of demand
What is the price of an ie upgrade card in aqw?
$9.95, $19.95, or $34.95 in USA Currency. The lower the price, the less the upgrade time or less Adventure Coins.
How do you say price less in Chinese language?
You can say "廉价", Lian2 Jia4, means the price less than its real value.
What is the value of a Miah Bradbury baseball card?
It is price less...no amount of money will value his cards
Would a silver bar cost less than a gold bar in this economy?
Yes, the price of silver is lower than the price of gold, therefore the value of a silver bar would cost less than a gold bar. The way the economy is right now has nothing to do with it, the price of gold has always been more than silver.
How does consumer expectation affect demand for goods?
Consumers will buy more of a good when its price is lower and less when its price is higher.
How does price level affect aggregate supply and demand?
Yes. if a price is lower, then then demand will be higher, because a person will get a relative value for less cost than it had before, and therefore more people will buy more products. and the other way around.
What are the upper and lower quartiles?
The upper quartile of a set of data is a value such that a quarter of the observations are greater than that value. The lower quartile is similarly defined as the value such that a quarter of the observations are less than that value.
