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it means the cost stays the same

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15y ago

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What does it mean when the supply curve shifts to the right?

A shift in a demand or supply curve occurs when a good's quantity demanded or supplied changes even though price remains the same. So a shift to the right would mean the good quantity suppled has increased even the the price is still the same.


What does it mean if a product's demand is inelastic?

If a product's demand is inelastic, it means that changes in the price of the product do not significantly affect the quantity demanded by consumers. This indicates that consumers are not very responsive to price changes, and the demand for the product remains relatively stable.


Article on price hike?

Price mean


What does the term commodities trading mean?

The term "commodities trading" basically means that things are being traded instead of stocks. The things that are often traded are in goods, like food. Typically, as supply goes down, demand goes up, and so does price.


When the percent change in quantity demanded is lower than the percent change in price demand is?

Answer: Nothing meaningful. Your question construction is badly formed. Note: Your question is NOT understandable. Put into equation form, you seem to be asking what happens when: Dq %chng < Dp % chng If both demands (i.e. Dq & Dp) are customer demands, then: if we use: Dq=10% < Dp=15% then we don't see anything useful from this comparison since we don't know if if either demand is increasing, decreasing, unchanged, or either are moving in opposite directions. IF you mean what happens to Dq if Dp does the following: - If Dp remains unchanged, then Dq will probably remain unchanged (unless a <= cost alternative becomes available). - If Dp is increased and there is no other suitable alternatives available, then Dq will likely decrease in the short term & then remain the same in the medium to long run until increase in population translate into higher demand. - If Dp is reduced, then Dq will likely increase as the new price becomes affordable to more buyers... until the market is saturated. At the point of market saturation, price become irrelevant because few people will buy more than 2 of anything (1 for use & 1 for a spare).

Related Questions

What does the price type mean when buying stocks?

Price type, or order type determine the price and execution of your order to buy or sell a security.


What do you mean by a symmetric determinant in a and b and c?

It means that if you substitute b for a, c for b and a for c the value of the determinant remains unchanged.It means that if you substitute b for a, c for b and a for c the value of the determinant remains unchanged.It means that if you substitute b for a, c for b and a for c the value of the determinant remains unchanged.It means that if you substitute b for a, c for b and a for c the value of the determinant remains unchanged.


What does unch mean?

unchanged


When you perform the same operation on both sides of the equation.what does the equation stay in?

Not sure what you mean but the equation is the same, and if a formula for a physical task then any dimensions will remain the same too.


What is mean by dips in stock market?

A dip in the stock market means that the overall price of stocks went down in value compared to the previous day.


What does none the same mean?

"None the same" refers to a situation where something remains unchanged or unaffected despite other circumstances or variations. It often implies that, despite differences or challenges, the core essence or outcome remains consistent. This phrase can highlight resilience or continuity in the face of change.


What does grossly unchanged mean?

Grossly unchanged means that the subject in question did not change on a scale that could be noticed with the naked eye.


What does it mean when a 2001 Mazda Protege shows a p1170 code?

It refers to the Heated Oxygen Sensor, and specifically that the signal remains unchanged for more than 20 seconds after closed loop. Probably time to change it.


What does stocks on margin mean?

05/08/08 Buying on margin means that you are buying your stocks with borrowed money_______________________________________________________________It means that you've borrowed money to finance your stock purchase. This is very risky and may lead to a margin call if the share price declines.


Why commodity stock's earning is extremely price sensitive?

What do you mean by commodity stock? Do you mean a manufacturing company's stock or do you mean an ETF that invests in commodities? Commodities aren't stocks, they are bought and sold on commodity exchanges, usually in futures contracts.


What does umptucca mean?

there is no such word but Uptick Means A transaction occurring at a price above the previous transaction. In order for an uptick to occur, a transaction price must be followed by an increased transaction price. This term is commonly used in reference to stocks, but it can also be extended to commodities and other securities.


What does steady air pressure mean?

Steady air pressure refers to a consistent level of atmospheric pressure that remains relatively unchanged over a period of time. It indicates stable weather conditions with little to no fluctuations in barometric pressure.