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Depends on the business and demand.

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What word means a period when business slows and prices and wages fall?

This could be referred to as deflation, or often is a sign of a forming depression.


If a strike by steelworkers raises steel prices what effect would it have supply or demand?

A strike by steelworkers that raises steel prices would primarily decrease the supply of steel, as higher prices may lead to reduced production or operational disruptions. This increase in costs could also lead to higher prices for products that use steel, potentially reducing demand for those products. Overall, the immediate effect would be a contraction in supply, with secondary impacts on demand as prices rise.


Why were many people opposed to the creation of monopolies and trusts?

Trusts put smaller competitors out of business using unfair tactics. Trusts could unfairly raise prices since they had no competition. Trusts had too much influence on government officials.


What are the disadvantages of Inflation?

Inflation is the decreased value of money. if inflation goes up it means that the prices of goods also go up. this may lead to workers demanding higher wages and result in less profit for the business. also means people will not have the the same amount of money to spend and this could lead to a decrease in sales.(less profit)


How might recovery from recession affect new car prices?

Recovery from a recession typically leads to increased consumer confidence and higher disposable incomes, which can drive demand for new cars. As demand rises, manufacturers may raise prices to maximize profits, potentially leading to higher new car prices. Additionally, supply chain improvements and increased production could help stabilize or even lower prices if supply meets the renewed demand effectively. However, inflationary pressures might also contribute to rising costs for materials and labor, further influencing prices.

Related Questions

What are ordered stamp values?

One has several options when searching for prices of stamps. One could go online to find out what the prices of business stamps are. One could also call the post office and ask what the prices are for business stamps. One could ask their local postwoman or postman.


Should a small business use business accounting software?

Business accounting software could be a good idea for a small business. A small company needs to keep track of its finances, but may not have the budget to justify the expense of having an accounting firm on retainer year-round.


Could you outline three reasons to justify location?

Out line 3 reason to justify location


Why was supplies for minning in the gold rush so expensive?

Basic rule of economics: supply and demand. The rush caused a spike in demand for supplies, so as such sellers and shopkeepers could justify raising prices.


How can you use the word justify in a sentence?

Example sentence - We simply could not justify his actions regardless of his excuses.


Why is documentation necessary in business transactions?

It protects your legal rights It creates a trail to justify the ends It sheds clarity on issues when questions arise You could go back and see the how's and why's of a situation.


What word means a period when business slows and prices and wages fall?

This could be referred to as deflation, or often is a sign of a forming depression.


Why could you consider the sun free energy justify?

it is alternative.


What would result in a higher price in the market for Snickers?

A higher price for Snickers in the market could result from increased production costs, such as rising prices for cocoa, sugar, or labor. Additionally, if consumer demand for Snickers rises due to effective marketing campaigns or trends favoring chocolate snacks, this could also drive prices up. Limited supply due to production issues or disruptions in distribution could further contribute to a higher market price.


How could the feudal lords justify a grab for power?

dem nutz


In the trade network what did the Native Americans provide-?

Aboriginal peoples in Canada and Native Americans in the United States of furs to the English for often higher prices and higher quality goods than they could offer.


Where could you get Coldwell Banker business cards printed up?

You may seek the services of printing Coldwell Banker business cards from companies like Vistaprint and Goodprint. These companies offer different prices on their deals.