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Cotton consumers, such as clothiers, pay less for cotton and generally speaking will make more profit. Cotton producers will get less money for their product, and generally speaking make less profit.

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Why prices of gold increase or decrease in the market?

Because pickles


Why can the law of demand apply only in a free market economy?

demand refers to need for a resource. the law of demand states that an increase in demand will result in an increase in price, ceteris paribus. in a free market economy, sellers are free to increase prices when demand increases. in a closed economy prices are controlled by government. an increase or decrease in demand doesn't affect prices.


How did the Cotton industry have an impact of the Depression during the 1930s?

The cotton industry was one of the hardest hit during the Great Depression of the 1930s. It was said that crop prices fell by an estimated 60%. Cotton was considered a cash crop and when the stock market fell, so did the prices on cotton resulting in devastating losses.


How does the demand for a product or service affect its price in the market?

The demand for a product or service affects its price in the market by influencing the balance between supply and demand. When demand is high and supply is limited, prices tend to increase. Conversely, when demand is low and supply is abundant, prices tend to decrease. This relationship between demand and price is a key factor in determining the market value of a product or service.


How does the interaction between supply and demand determine prices in a market?

The interaction between supply and demand in a market determines prices. When demand for a product is high and supply is low, prices tend to increase. Conversely, when supply is high and demand is low, prices tend to decrease. This balance between supply and demand helps establish the market price for a product or service.

Related Questions

What cause the low cotton prices after the war?

lincon'


Why prices of gold increase or decrease in the market?

Because pickles


How does competitiors low prices affect your sales?

Obviously it will decrease your sales if their prices are below yours.


How did the stock market crash of 1929 affect Georgia?

The 1929 market crash affected every state, including Georgia. Georgia had it especially rough since its cotton fields were also plagued by the boll weaver bug which caused cotton production to fall and prices to decline.


How did the Market Revolution affect the prices?

The Market Revolution made more goods available for sale, which lowered prices.


What factors contribute to a decrease in rent prices?

Several factors can contribute to a decrease in rent prices, including an oversupply of rental properties, a decrease in demand for housing, economic downturns, and changes in government policies or regulations affecting the rental market.


Why can the law of demand apply only in a free market economy?

demand refers to need for a resource. the law of demand states that an increase in demand will result in an increase in price, ceteris paribus. in a free market economy, sellers are free to increase prices when demand increases. in a closed economy prices are controlled by government. an increase or decrease in demand doesn't affect prices.


How did the Cotton industry have an impact of the Depression during the 1930s?

The cotton industry was one of the hardest hit during the Great Depression of the 1930s. It was said that crop prices fell by an estimated 60%. Cotton was considered a cash crop and when the stock market fell, so did the prices on cotton resulting in devastating losses.


How does the demand for a product or service affect its price in the market?

The demand for a product or service affects its price in the market by influencing the balance between supply and demand. When demand is high and supply is limited, prices tend to increase. Conversely, when demand is low and supply is abundant, prices tend to decrease. This relationship between demand and price is a key factor in determining the market value of a product or service.


How does the manufacturing of synthetics fiber affect the cotton farmers?

If more synthetic fibers are available, less cotton fiber will be needed. Less need for cotton means lower prices for it. If prices go down, production of cotton will be reduced until supply and demand reach a balance. If less cotton is grown, the farmers must plant other crops. Synthetic fibers affect cotton farmers because if they can make their own clothes, there's no point in cotton being grown. If more synthetic fibers are available, less cotton fiber will be needed. Less need for cotton means lower prices for it. If prices go down, production of cotton will be reduced until supply and demand reach a balance. If less cotton is grown, the farmers must plant other crops.


Match each term below with its corresponding stock market activity.?

a crash-there's a major decrease in stock prices a bubble-stock prices are higher than their real value bull market-there's a general upward trend in stock prices


How does the interaction between supply and demand determine prices in a market?

The interaction between supply and demand in a market determines prices. When demand for a product is high and supply is low, prices tend to increase. Conversely, when supply is high and demand is low, prices tend to decrease. This balance between supply and demand helps establish the market price for a product or service.