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Supply goes up, cost of production goes down, demand goes down... to name a few basic ones.
Wiki User
∙ 13y ago
Wiki User
∙ 12y agoThe demand for the item is greater then the supply.Duh.
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What cause demand to decrease?
An decrease in demand may arise from: A increase in the price of a complementary good An decrease in the price of a substitute good An decrease in income (of consumers) Decrease in QUANTITY demanded: when the price of the commodity is high. it is a well known concept in economics which is called the law of demand. It states there that as price increases quantity demanded decreases vice versa, cereris paribus (all other factors remain unchanged). Demand will decrease if the price rises because fewer people will be able to afford it.
A decrease in supply will cause an?
increase in equilibrium price and a decrease in equilibrium quantity, which leads to a shortage at the original price.
In which situation with the price of a good be most likely to decrease?
The price of a good can decrease if supply is greater than demand. The price can also decrease if that item has been superseded by a newer version.
How does supplies affect the price of a product?
A higher price will cause an increase in supply, assuming that all other factors remain constant. Likewise, a decrease in price will cause a decrease of supply and an increase in demand.
What decrease would likely cause the selling price of houses to decrease?
Decreased mortgage interest rates and a decrease in construction workers' wages would both be likely to cause the selling price of a house to decrease.
What cause demand to decrease?
An decrease in demand may arise from: A increase in the price of a complementary good An decrease in the price of a substitute good An decrease in income (of consumers) Decrease in QUANTITY demanded: when the price of the commodity is high. it is a well known concept in economics which is called the law of demand. It states there that as price increases quantity demanded decreases vice versa, cereris paribus (all other factors remain unchanged). Demand will decrease if the price rises because fewer people will be able to afford it.
A decrease in supply will cause an?
increase in equilibrium price and a decrease in equilibrium quantity, which leads to a shortage at the original price.
In which situation with the price of a good be most likely to decrease?
The price of a good can decrease if supply is greater than demand. The price can also decrease if that item has been superseded by a newer version.
How does supplies affect the price of a product?
A higher price will cause an increase in supply, assuming that all other factors remain constant. Likewise, a decrease in price will cause a decrease of supply and an increase in demand.
What decrease would likely cause the selling price of houses to decrease?
Decreased mortgage interest rates and a decrease in construction workers' wages would both be likely to cause the selling price of a house to decrease.
Which of these is most likely to lead to a decrease in the price of a good?
Demand decreases and supply remains the same would lead to a decrease in the price of a good.
When the decrease in the price of one good causes the demand for another good to decrease the goods are?
substitue
Which answer would cause a ''decrease in quantity supply'' for Fuzzy Wuzzies?
Decrease in the price of Fuzzy Wuzzy.
What happens when demand for a good increase but it's supply decrease?
The price for the good increases
A price decrease will cause total revenue to fall if?
demand is inelastic
Two goods are substitutes if a decrease in the price of one good?
Price will increase
How price of related goods affect demand?
Price of related goods fall into two categories: substitutes and complements. Complements are when a price decrease in one good increases the demand of another good. Substitutes are when a price decrease in one good decreases the demand for another good.
