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Changes in prices time by time due to inflation or demand of commodity.
Denis Block
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Inflation distorts relative prices. What does this mean and why does it impose cost to consumers?
Inflation distorts relative prices. What does this mean and why does it impose a cost on society?
What does an increase in supply of an item usually mean for a consumer?
lots of supply and low demand = lower prices lots of demand and low supply = higher prices demand and supply high = normal prices demand and supply low = normal prices
What does RATNEST mean in economics?
Resource prices, Alternative prices, Technology improvements, Number of sellers/firms, Expectations of suppliers/producers, Subsidies, Taxes
What does increase in demand mean?
the quantity demanded at each price in a set of prices is greater
What were 1980's oil prices?
you can check Bloomberg for answers. What kind of oil do you mean?
Inflation distorts relative prices. What does this mean and why does it impose cost to consumers?
Inflation distorts relative prices. What does this mean and why does it impose a cost on society?
What does Prices vary mean?
Changes in prices time by time due to inflation or demand of commodity.
How much have Hollister Co prices gone up since 2000?
well obviously a lot i mean have you seen their prices!?!?!
What does amv mean on property prices?
Advised Minimum Value
What does it mean when stores drop prices on items then raise prices on other items?
It means they keep making the same overall profit.
Was a roman emperor who ordered prices and wagons frozon?
Diocletian issued the Edict of Maximum Prices which put a cap on prices. He did not freeze wagons. if you mean wages, he did not put a cap on wages.
Where can you find information on horse quotes?
If you mean horse quotes as in horse prices, you can find prices at your local breeder. If you mean quotations, you can find horse stories or informational books at the local library.
What did home theatre mean for the popularity of the cinema?
higher concession prices
What does an increase in supply of an item usually mean for a consumer?
lots of supply and low demand = lower prices lots of demand and low supply = higher prices demand and supply high = normal prices demand and supply low = normal prices
What does RATNEST mean in economics?
Resource prices, Alternative prices, Technology improvements, Number of sellers/firms, Expectations of suppliers/producers, Subsidies, Taxes
What does price point mean?
It actually means this. scale of possible prices for something.
What does in demand mean?
the quantity demanded at each price in a set of prices is greater
