answersLogoWhite

0


Best Answer

in what respect would you expect determinant demand for computers to differ from determinants of the demand for milk

User Avatar

Wiki User

11y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: In what would you expect determinant of demand for computers to differ from the determinants of the demand for milk?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Continue Learning about Economics

How does a market demand curve differ from a demand curve How are they similar?

downward sloping


Why do salaries for the same work differ throughtout a country and in other countries?

the law of supply and demand dicate different salaries


Does the price of diamonds differ depending on the country you're in?

Markets everywhere in the world respond to the laws of supply and demand. In addition, no two diamonds are ever **exactly** alike. So yes, the price of diamonds will differ by neighborhood, by city/ state and even by country.


What is demand reversal?

The possibility, accounting for the Leontief Paradox, that country demands differ so much that countries demand more of their abundant-factor intensive goods than they produce, thus invalidating the Heckscher-Ohlin Theorem under the quantity definition of factor abundance but not under the price definition.


How can price consumption curve be used to hep determine the individual demand curve?

The price-consumption curve explains how changes in the cost of a good, relative to another good, also effects an individuals consumption choices. The individual demand curve takes a single good and explains the relationship between the cost of that good, and the quantity demanded. Therefore shifts in the indifference curves (PCC) based on consumption possibilities, should correlate to the shifts in the demand curves. The easiest way to look at it, is that that your horizontal axis points on both your budget line, and your individual demand curve, should be the same. Your Vertical axises will differ because they are measuring different costs, ie, monetary cost (Demand Curve) and oppurtunity cost (budget line/constraint).

Related questions

How does a market demand curve differ from a demand curve How are they similar?

downward sloping


Why computers differ from people?

because computers are tools used by people. computers do not have a mind of their own and will only do what you tell them to do


How do factor conditions differ for Embraer and Bombardier?

Factor conditions differ for Embraer and Bombardier in the sense that Brazil has a much higher demand for Embraer and a much lower demand for Bombardier.


How do laptops and computers differ when it comes to managing files?

Laptops and computers differ when it comes to managing files. Computers, in general, tend to have a larger capacity for storage as compared to laptops. Managing a large quantity and/or size of files may therefore be easier on a computer.


How might demand for low fare service differ in the Asia-Pacific region from North America and Europe?

How might demand for low-fare service differ in the Asia Pacific region from the North America and Europe


How does the Information Age differ from the Industrial Age?

advanced in technology and an increasing demand for manufactured goods


Why does elasticity of demand differ from other commodities?

Because it doest not relate to consumers its effects on change in price


What is feature of computer?

Computers all differ in the features that they offer. Computers offers storage space, operating system, processing power, memory, display and network connectivity.


What are the differences between desktop computers laptops and notebooks?

Desktop computers differ from laptops and notebooks because they are not portable like laptops and notebooks. Desktop computers are usually your personal pc computers with windows and/or apple operating systems. Laptop computers are great as they are portable and can be used anywhere there is wifi service as are notebooks.


Why do salaries for the same work differ throughtout a country and in other countries?

the law of supply and demand dicate different salaries


What is the name of text based documents stored in computers connected to the internet?

The name of text based documents stored in computers connected to the Internet differ by what type of document it is. Most likely it will be a Microsoft Word document.


How would the business leaders of tomorrow differ from the leaders of today justify your reasons with suitable example?

Hitler "I DEMAND MORE LAND SO I WILL FIGHT FOR IT."