Producers, distributors and consumers pay it, so it raises the cost of the final product, lessening the appeal of the item as some can't afford it and others who can afford it still opt for a lower price alternative. Say, renting a video rather than going to a movie. So, it raises costs and lowers sales.
Because a tax increase will cause consumption to decrease, an aggregate demand has a greater effect.
Fluctuations in the price of goods. The affect of demand on price is directly proportional and supply's affect on price is indirectly proportional.
businesses can charge more if supply is limited and demand is high
1. How do supply and demand affect choices?
price is the main factor which affect demand and supply and other factors which affect demand and supply are change in income weather change living standard of people alternative things superior to inferior
Because a tax increase will cause consumption to decrease, an aggregate demand has a greater effect.
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 significant numbers of people decided to have more children, it may affect supply and demand. It would lead to more demand and less supply.
businesses can charge more if supply is limited and demand is high
Increase in expansion affect the demand because more supply/expansion with constant demand will lead to excess in expansion which affect the demand.
1. How do supply and demand affect choices?
price is the main factor which affect demand and supply and other factors which affect demand and supply are change in income weather change living standard of people alternative things superior to inferior
no
The demand and supply law plays a crucial role in the pricing of these products based on popular demand.
please give me the ans. of factor affecting demand and supply of health
What factors usually affect pricing?
In a free enterprise system, when supply is low and demand is high, prices are higher, but when supply is high and and demand is low, prices are lower.