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Flowchart price of lumber increases cost of manufacturing increases?
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Why is the price of lumber going up?
Inflation
What factors cause increase in demand when price also increases?
standard of rich peoples...like in purchasing of gold increases when its price also increases.
What is the meaning of price hike?
When the price of an object increases.
Price of related goods?
Demand for good or service increases if the price of related goods increases, and vice versa.
What increases if output decreases?
Price.
Why is the price of lumber going up?
Inflation
The price of lumber in colonial America?
ten billon dollars
What economic explanation occurs if demand increases?
supply will decrease and price will rise greatly
Is laminated veneer lumber cheaper than dimensional lumber?
The price for a 2x8 LVL is approximately 3.03 per foot while dimensional lumber 2x8's is selling for $0.80 per foot. So the answer to your question is no. Laminated veneer lumber is not cheaper than dimensional lumber.
What factors cause increase in demand when price also increases?
standard of rich peoples...like in purchasing of gold increases when its price also increases.
What is the meaning of price hike?
When the price of an object increases.
Price of related goods?
Demand for good or service increases if the price of related goods increases, and vice versa.
What happens when demand for a good increase but it's supply decrease?
The price for the good increases
Why has gold risen higher than ever?
Due to the demand for gold, both for it's monetary value, and it's use in manufacturing (electronics). When coupled with the drop in the worth of the dollar, the price of gold increases.
Why does the supply line slope and to the right?
Because, as the price increases, suppliers are prepared to produce more units. Because, as the price increases, suppliers are prepared to produce more units. Because, as the price increases, suppliers are prepared to produce more units. Because, as the price increases, suppliers are prepared to produce more units.
An increase in the aggregate price level will increase?
a clause in a contarct that automatically increases wages to account for increases in the price level
What increases if output decreases?
Price.
