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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.
What else can I help you with?
A decrease in government spending will cause a?
decrease in aggregate demand
What is the factors that may cause the decrease in ice-cream?
what is the factors that may cause a decrease in the demand of ice-cream
A price decrease will cause total revenue to fall if?
demand is inelastic
What will cause the capital stock when it increases?
Increases in the stock of capital will cause which of the following?The demand of labor increases.The demand of labor decreases.Selected answer No change in the demand of labor.First increase then decrease the demand of labor
Does increasing taxes decrease aggregate demand?
cause of incresing and decresing the Determinants of aggregate?
A decrease in government spending will cause a?
decrease in aggregate demand
What is the factors that may cause the decrease in ice-cream?
what is the factors that may cause a decrease in the demand of ice-cream
A price decrease will cause total revenue to fall if?
demand is inelastic
What will cause the capital stock when it increases?
Increases in the stock of capital will cause which of the following?The demand of labor increases.The demand of labor decreases.Selected answer No change in the demand of labor.First increase then decrease the demand of labor
Does increasing taxes decrease aggregate demand?
cause of incresing and decresing the Determinants of aggregate?
Which would cause an increase in the demand for production A?
A decrease in the price of a complementary product B.
An increase in supply will cause?
An increase in supply will cause a decrease in demand. The value of what is being supplied would also drop.
Other things constant what would not cause a change in the demand for mopeds?
A decrease in the price of mopeds.
How will decrease in production of peanutbutter affect the demand for jelly?
Since the two are normally paired a decrease in the availability of peanut butter may also cause a decrease in the purchase of jelly
What factors could potentially cause a shift of the aggregate demand curve to the left?
Factors that could potentially cause a shift of the aggregate demand curve to the left include a decrease in consumer confidence, higher interest rates, reduced government spending, and a decrease in exports.
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 would cause an increase in aggregate demand in the short run?
if decrease a price or if the expectation of raising a price
