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If gasonline prices increase does the demand for motorcycles increase or decrease?
Wiki User
∙ 15y ago
Since motorcycles normally get better mileage than cars/trucks, I would think it's obvious that the demand for them increases.
Wiki User
∙ 15y ago
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If a is an inferior good and consumer income risesthe demand for a will?
Inferior goodA good for which an INCREASE(decrease) in consumer income will lead to a DECREASE(increase) in demand for that good.Normal GoodA good for which an INCREASE(decrease) in consumer income will lead to a INCREASE(decrease) in demand for that good.
How is the law of supply similar to the law of demand?
If the demand for a commodity increases, but the supply does not increase equally, the price will increase. If the supply of a commodity increases, but the demand for that commodity does not increase equally, the price will decrease. If the demand for a commodity decreases, but the supply does not decrease equally, the price will decrease. If the supply of a commodity decreases, but the demand does not decrease equally, the price will increase.
What are the basis of an increase or decrease in supply?
demand in supply is the basis of it's increase and decrease
What happens with a decrease in aggregate demand?
Aggreagate demand will increase.
If A decrease in price of a product will result in?
increase in demand and decrease in supply.
If a is an inferior good and consumer income risesthe demand for a will?
Inferior goodA good for which an INCREASE(decrease) in consumer income will lead to a DECREASE(increase) in demand for that good.Normal GoodA good for which an INCREASE(decrease) in consumer income will lead to a INCREASE(decrease) in demand for that good.
How is the law of supply similar to the law of demand?
If the demand for a commodity increases, but the supply does not increase equally, the price will increase. If the supply of a commodity increases, but the demand for that commodity does not increase equally, the price will decrease. If the demand for a commodity decreases, but the supply does not decrease equally, the price will decrease. If the supply of a commodity decreases, but the demand does not decrease equally, the price will increase.
What are the basis of an increase or decrease in supply?
demand in supply is the basis of it's increase and decrease
What happens with a decrease in aggregate demand?
Aggreagate demand will increase.
If A decrease in price of a product will result in?
increase in demand and decrease in supply.
What is is a shift of the demand curve to the right (an increase in demand) or to the left (a decrease in demand).?
Change in demand.
State what the law of supply and demand shows and describe how it works?
If the demand for a commodity increases, but the supply does not increase equally, the price will decreaase. If the supply of a commodity increases, but the demand for that commodity does not increase equally, the price will increase. If the demand for a commodity decreases, but the supply does not decrease equally, the price will increase. If the supply of a commodity decreases, but the demand does not decrease equally, the price will decrease
In economic what is a change in demand?
It is a shift of the demand curve to the right (an increase in demand) or to the left (a decrease in demand).
What happens to money demand when there is an increase in interest rates?
money demand will decrease
If economy enters in boom period is demand for money increase or decrease?
increase
What is the effect of an increase in consumer income on demand for a good?
They both will increase (or decrease).
What happens to price as demand decreases?
Prices normally increase as demand increases and decrease as demand decreases.
