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The money price one must pay for one more of something is its?
Wiki User
∙ 13y ago
marginal cost
Wiki User
∙ 13y ago
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If average total cost is decreasing as more and more units are produced then marginal cost must be?
Going up as well. You will be making more money because you are spending less while still selling at the same price.
What is the primary determinant of elasticity of supply?
A key determinant of the price elasticity pf supply is the availability of alternative products. The more choices consumers have, the more elasticity the price must have.
How elasticity of demand effect managerial decisions?
Elasticity of demand measures how much demand for a product will change if the price of that product is changed. Something highly elastic will be greatly affected by price changes (something like a hotdog for example, if a vendor raises his price then demand will drop because people can go elsewhere-demand is elastic). So management must be aware of how consumers will react to price changes. Normally, lowering the price of a good will bring in more customers if the demand for that good is elastic. If it is inelastic, then a lower price will not increase demand much.
When will the quantity of money available increases?
for money to be in the Market, there must be money equilibrium. i.e quantity of money supplied must be equal to quantity of money demanded. in a situation whereby quantity of money supply increases, without a corresponding increase in quantity demanded, there will be inflation in the Economy. inflation can occure in two different perspectives; either by increase in the general price level or increase in money supply without a corresponding increase in money demand.
Why interest rate spread is leading indicator?
To understand why the interest rate spread is a leading indicator, one must interpret the interest rate as the price of money. A high interest rate means that obtaining money is costly. If interest rate spreads are great, this means investors are anticipating an increase in the price of money. The price of money will increase due to an increase in the quantity of money demanded (and an increase in demand). Investors see the economy recovering, and in the process of this recovery, they see an increase in demand for money (loans etc.) to buy new capital and purchase other nondurables. Therefore the price of money increases and thus the spread increases.
How does one make money trading?
In order to make money trading, you need to sell the purchase something, shares for example, when the price is low. Then the item must be sold for a higher price.
What is the conclusion to the rocking horse winner?
"There must be more money! There must be more money!"
If average total cost is decreasing as more and more units are produced then marginal cost must be?
Going up as well. You will be making more money because you are spending less while still selling at the same price.
What are tolls for?
they are something you must pay for on certaint roads the price varies on the size and make of your vehichle
What is the average price of a Suzuki GSXR 750?
The average price for a Suzuki GSXR 750 is around about å£3,800,00 which is a lot of money for a motorbike but it must be worth it for the average price of it.
What website can you buy harpie's pet dragon at a cheap price?
Instead of having to bye it want to trade something for it I have it :) REMEMBER: I only take level 9's or higher must have 3000 or more attack and 2500 defense or more
How does advertising of a product increase it's price in the market?
Advertising increases awareness, which in turn increases demand, which then makes the product more desirable/harder to get, which then increases the amount that the provider can charge for the product, thus increasing the price that they ask for it. The cost of advertising must be added to the price of the product. The larger, more expensive the advertising campaign, the more cost must be added to the price of the product.
Identify a product that you feel is aesthetically pleasing?
How do you identify such a product? There are two criteria. First, it must be a product, which is to say, something man-made which you could hypothetically purchase, if you had enough money to pay the sale price. Second, it must be aesthetically pleasing to you, must appeal to your senses. You have to think that it is beautiful. This is why this question cannot be answered by me--it has to be answered by you. You have to think it is beautiful, not me.
What is the primary determinant of elasticity of supply?
A key determinant of the price elasticity pf supply is the availability of alternative products. The more choices consumers have, the more elasticity the price must have.
What is the meaning to There must be more to life than having everything?
Possessing something is not as fulfilling as doing something.
Why must money be portable?
to be able to use it anywhere you go to able be able to purchase something otherwise how will you be able to use money if it wasn't portable.
How elasticity of demand effect managerial decisions?
Elasticity of demand measures how much demand for a product will change if the price of that product is changed. Something highly elastic will be greatly affected by price changes (something like a hotdog for example, if a vendor raises his price then demand will drop because people can go elsewhere-demand is elastic). So management must be aware of how consumers will react to price changes. Normally, lowering the price of a good will bring in more customers if the demand for that good is elastic. If it is inelastic, then a lower price will not increase demand much.
