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What else can I help you with?
What does supply mean in economics?
Supply is the amount of a product.
What would most likely happen to the price of a product if the supply of that product decreased?
Supply is inversely proportional to inflation, so the priceof the product will decrease
Which of these statements refers to the law of supply?
producers will supply as the good price Producers will supply more of a product as the price goes up. A+
The Law of Supply and Demand states that if the supply of a product increases then the price of that product will?
The Law of Supply and Demand states that if the supply of a product increases, all other factors remaining constant, the price of that product will decrease. This is because with more supply available, there is less scarcity, leading to a lower price point to entice consumers to purchase the product. Conversely, if the supply decreases, the price will increase due to the heightened scarcity and increased demand for the limited supply.
What is the rule of supply and demand?
Supply depends on demand.The demand is how much a product is wanted.The supply is how many of a certain product is made.It depends on demand because if a product is not getting enough demand, the supply will come to a stop or become very low.
Does the blower motor switch supply voltage or ground?
It can depend on the make of the vehicle. On a Chrysler product, the switch provides ground.
Which products should be marketed internationally?
Any product that may supply a need or want to a foreign market can be marketed internationally. As far as what product should be marketed, I wouldn't be too sure. It will depend on the region and the needs of that region's consumers.
What does supply mean in economics?
Supply is the amount of a product.
What would most likely happen to the price of a product if the supply of that product decreased?
Supply is inversely proportional to inflation, so the priceof the product will decrease
How much is a lifetime supply?
depend on the person
Why is aggregate supply related to the price level?
This is in accordance to the Demand & Supply Theory... When the demand for a product is high and its supply is low, this usually causes the price of that commodity to increase Similarly when supply for a product is high and the demand for that product is low, it causes the price of that product to decrease. Hence the supply is inversely related to the price of any product (Provided the Demand is in accordance to the two points mentioned above)
Is a 24VDC power supply short-circuit protected?
That would depend on the power supply.
Which of these statements refers to the law of supply?
producers will supply as the good price Producers will supply more of a product as the price goes up. A+
The Law of Supply and Demand states that if the supply of a product increases then the price of that product will?
The Law of Supply and Demand states that if the supply of a product increases, all other factors remaining constant, the price of that product will decrease. This is because with more supply available, there is less scarcity, leading to a lower price point to entice consumers to purchase the product. Conversely, if the supply decreases, the price will increase due to the heightened scarcity and increased demand for the limited supply.
What is the rule of supply and demand?
Supply depends on demand.The demand is how much a product is wanted.The supply is how many of a certain product is made.It depends on demand because if a product is not getting enough demand, the supply will come to a stop or become very low.
What are the factors that causes a shift in the demand and supply curve?
That would depend on the product your talking about.Fuel prices are a huge factor in almost everything as well as the overall health of the economy in general.Competition would be another thing that would affect supply and demand as well as availability of said product or the components to create it.The question is too vauge to really answer it properly.
What two things make a product have value?
The principle of "supply and demand". If the supply of a product is higher than the demand, the product is worth less due to its availability. Conversely, if the demand exceeds the supply, then the products is worth more due to its rarity.
