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The present group of world leaders range from top leaders of democratic nations to nations that are run by dictatorships. And, all sorts of things in between. This means monarchies to religious run governments, where members of the clergy are also the political leaders. How these various types of leaders react to demands by their people depends on the amount of liberty each country has. Generally speaking, democratic leaders are more receptive to their peoples demands.

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Paxton Brown

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3y ago

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How does the quantity supplied of a good with a large elasticity of supply react to a price change?

Demand for a good can be elastic at a low price but inelastic at a high price. YouRE VERY WULCOM novanet ANSWER =)


What is a measure of how consumers react to a change in price?

The answer is Price Elasticity of Demand tool.


How elasticity of demand effect managerial decisions?

Elasticity of demand measures how much demand for a product will change if the price of that product is changed. Something highly elastic will be greatly affected by price changes (something like a hotdog for example, if a vendor raises his price then demand will drop because people can go elsewhere-demand is elastic). So management must be aware of how consumers will react to price changes. Normally, lowering the price of a good will bring in more customers if the demand for that good is elastic. If it is inelastic, then a lower price will not increase demand much.


How do people react to a change in the price of an item?

People typically react to a change in the price of an item through adjustments in their purchasing behavior. When prices rise, consumers may buy less of the item, seek alternatives, or delay purchases, reflecting the law of demand. Conversely, if prices decrease, they may buy more or stock up on the item. These reactions can vary depending on factors such as the item's necessity, availability of substitutes, and individual financial situations.


How will consumers react to the incentive of a higher price of good or service?

The negative incentive will cause consumers to purchase less of a good or service if it is of lower quality

Related Questions

How do the existing rulers react to people's demands in Egypt?

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How do the existing rulers react to people's demands in India?

if the rulers are good and have the thought to help people then they will try or rulers will complete their right wishes and if rulers are bad they will not complete people wishes or they will complete by taking bribe from people


How do the present rulers react to people's demand?

The present group of world leaders range from top leaders of democratic nations to nations that are run by dictatorships. And, all sorts of things in between. This means monarchies to religious run governments, where members of the clergy are also the political leaders. How these various types of leaders react to demands by their people depends on the amount of liberty each country has. Generally speaking, democratic leaders are more receptive to their peoples demands.


How do the existing rulers react to the demand of people in a non democratic country?

Usually by trying to forcibly suppress any signs of opposition.


How do the existing rulers react to peoples demand in non democratic country?

Usually, dictatorial and authoritarian rulers crush protests and other forms of protest for redress to grievances. In some cases, though, they will cave to the demand in order to create a certain degree of peace and stability. It depends entirely on the ruler and on the circumstances.


How do existing ruler react to people's demand in non-democratic countries?

Usually, dictatorial and authoritarian rulers crush protests and other forms of protest for redress to grievances. In some cases, though, they will cave to the demand in order to create a certain degree of peace and stability. It depends entirely on the ruler and on the circumstances.


How did the Scandinavian rulers react to Lutheranism?

Go suck a w.e.i.n.e.r


How did Scandinavian rulers react to Lutheranism?

Go suck a w.e.i.n.e.r


How do the existing rulers react to the people in Libya?

The term "react" is odd. Most of the rulers in Libya are representative of their regions and are doing what they can to advance their regional interests (often over the national interest). However, as Libya is in the middle of a second civil war, many of the leaders are unable to exert influence in the physical areas of the country where they need to.


HOW DO EXISTING RULERS REACT TO PEOPLE'S DEMAND IN Cuba?

In Cuba, existing rulers often respond to people's demands with a mix of repression and limited reforms. The government maintains strict control over dissent, using censorship and surveillance to suppress opposition. At the same time, it occasionally implements gradual economic reforms to address public discontent, such as allowing more private enterprise, but these changes are typically tightly regulated. Overall, the regime prioritizes stability and control over substantial political concessions.


How did the government of Nepal react to its peoples demand?

Very poor>


How do the existing rulers of Syria react to peoples demands?

By killing them by tanks and aircraft.. Bashar Assad is a dictator.