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1)In times of scarcity law of demand might not hold good. 2)Necessaries of life it might not hold good. 3)In case of Royal Brands. 4)Ignorance of consumers.
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∙ 16y ago
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In a free market supply and demand determines?
The brilliant thing is that no-one has that job. The buyers determine the demand, without colluding, and the sellers determine the supply. If they get it right, demand equals supply. If demand exceeds supply, people have to queue up. People at the back might shout out that they will play a higher price, so they jump the queue and that drives the price goes up. If supply exceeds demand, some sellers might shout out that they will sell more cheaply than the rest, and that drives the price down.
What is wholesome demand?
Wholesome demand is the demand for a product in which there are negative attributes of the product. Some examples would be alcohol and cigarettes, which are in demand among some consumers but also get negative feedback from others.
Some examples of irregular demand?
demand for the air cooler, television...
Factors affecting demand for a commodity?
price of a commodity, the higher the prices, the lower the demand if there is not a equiblirum condition between demand and supply then it affect commodity demand , inflation and income, and monopoly in some commodity in some area is also affect demand of commodity
Can a want become a demand and how?
A want becomes a demand when a threat is added to the mix. I.e. I want to borrow some money. Or Give me your money or I will…………….! In the 700 billion bail out it was I want 700 billion dollars to …………. When it was voted down it became, we have to have the 700 billion or this will happen…………! You might say this is not a threat, but when you put fear into people with unknowns or might be, it is a threat. They do not know what would happen so they use fear to get what they want. That is a threat. This makes a want become a demand.
What are some reasons to hold someone hostage?
to get ransom money
What are some reasons why the government might be overthrown?
Heh
What are some reasons that knowing about projectile motion might help you score a soccer goal?
What are some reasons that knowing about projectile motion might help you score a soccer goal?
What are some reasons for shouting that start with m?
You might be mad.
What are some reasons a teenager might join a gang in the 1960's?
they might hate their parents.
What are some reasons why the teenagers might join gangs in the 1960's?
they might hate their parents.
What are some reasons that talking to plants might benefit them?
they need to be loved
What are some good reasons to visit Manitoba?
Because there might be some different kinds of foods there or maybe there might be some cool places to visit or it just might be a cool place. maybe there might be some different translate.
How do you get a power cut?
There are several reasons why this may happen. Demand may exceed production, mechanical breakdown, improper routing are some.
What are some reasons a slave might want to stay with their masters?
Institutionalisation. Security.
Why are there temporary jobs for people?
There are temporary jobs for people for several reasons some that include financial reasons or for assessment reasons. Some might get a temporary job in order to earn money for a better job or one might get a temporary job to assess if they are interested in the field or for a superior to assess them.
List a few reasons that it might be impossible to recover some data?
Some of the reasons why it may become impossible to recover some data is if the data is corrupted or if there is malicious deleting. Read and write errors are common reasons why data can get corrupted.
