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it means that when an article is priced reasonable enough, the consumer is more likely to buy it.
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∙ 9y ago
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What are the incentives in the economy?
It means that the incentive is in the form of money.
Suppliers have an incentive to increase output when price is higher than cost of production .true or false?
true
What happens to the aggregate supply curve as the price level increases?
Firms have more of an incentive to increase output
How will consumers react to the incentive of a higher price on a good or services?
The negative incentive will cause consumers to purchase less of a good or service if it is of lower quality
Why is price protection offered?
Price protection serves as a great incentive to customers. If a customer finds a product cheaper at another store, the first store pays the customer the difference of the price purchased.
What is a price incentive.?
What was a price incentive
What the incentive of the restaurant?
to get price
What are the incentives in the economy?
It means that the incentive is in the form of money.
What is the definition of price incentive?
to be truthful i don't really know what the answer is
What is the mean of incentive in job?
An incentive is an usually monetary reward for performing a certain task.
How will consumers to the incentive of a higher price on a good service?
The negative incentive will cause consumers to purchase less of a good or service if it is of lower quality
What contract type places the greatest risk on the buyer?
fixed price + Incentive
What is a special price discount that is given as an incentive to wholesalers and retailers?
promotioal allowance
According to aggregate supply curve what happens as the price level increases?
firms have more of an incentive to increase output
Which type of contract shifts the risk of cost overruns to the contractr?
Fixed-Price Incentive
What does cash incentives mean?
It means that the incentive is in the form of money.
What does price incentive means?
it means that when an article is priced reasonable enough, the consumer is more likely to buy it.
