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If supply is greater then the demand then the price is lower but if the demand is higher then the supply then the price is higher due to rarity. :)
What else can I help you with?
What factor affect price?
What factors usually affect pricing?
How do supply and demand laws affect holiday gifts?
The demand and supply law plays a crucial role in the pricing of these products based on popular demand.
A system where supply and demand affect the production and pricing of goods is called what?
Morse telegraph system.
What are factors that affect a product price?
"What factors affect the pricing of Fast Moving Consumer Goods?"
How does the concept of supply and demand influence pricing in the market?
The concept of supply and demand influences pricing in the market by determining the equilibrium price at which the quantity of goods or services supplied equals the quantity demanded. When demand exceeds supply, prices tend to rise, and when supply exceeds demand, prices tend to fall. This dynamic interaction between supply and demand helps establish market prices.
What factor affect price?
What factors usually affect pricing?
How do supply and demand laws affect holiday gifts?
The demand and supply law plays a crucial role in the pricing of these products based on popular demand.
A system where supply and demand affect the production and pricing of goods is called what?
Morse telegraph system.
What are factors that affect a product price?
"What factors affect the pricing of Fast Moving Consumer Goods?"
How does the concept of supply and demand influence pricing in the market?
The concept of supply and demand influences pricing in the market by determining the equilibrium price at which the quantity of goods or services supplied equals the quantity demanded. When demand exceeds supply, prices tend to rise, and when supply exceeds demand, prices tend to fall. This dynamic interaction between supply and demand helps establish market prices.
Can you provide a real-life scenario where the concept of supply and demand has a significant impact on pricing?
One real-life scenario where supply and demand impact pricing is the housing market. When there is high demand for houses but a limited supply available, prices tend to increase. Conversely, when there is an oversupply of houses and low demand, prices may decrease. This dynamic relationship between supply and demand plays a significant role in determining the pricing of homes in the real estate market.
How does the supply and demand curve for coffee impact the pricing and availability of this popular beverage?
The supply and demand curve for coffee affects its pricing and availability. When demand for coffee increases, prices tend to rise as suppliers may struggle to meet the higher demand. Conversely, if demand decreases, prices may fall. Additionally, factors like weather conditions and production costs can also impact the supply of coffee, further influencing its pricing and availability in the market.
What effects supply and demand?
Fluctuations in the price of goods. The affect of demand on price is directly proportional and supply's affect on price is indirectly proportional.
If people decided to have more children doest it affect to demand and supply?
If significant numbers of people decided to have more children, it may affect supply and demand. It would lead to more demand and less supply.
How does supply and demand affect the market structure?
businesses can charge more if supply is limited and demand is high
How the increase in expansion affect the demand?
Increase in expansion affect the demand because more supply/expansion with constant demand will lead to excess in expansion which affect the demand.
Should you think about supply and demand when considering your future career?
1. How do supply and demand affect choices?
