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The price goes down, and the quantity supplied goes up
What else can I help you with?
Factors affecting cross elasticity of demand?
1.degree of necessity 2.peak and off-peak demand
How does off-peak pricing influence demand for services?
better prices for off peak purchases takes some of the demand load off the peak times and spreads it out so resources are not overwhelmed.
Why do Janine's increasing returns peak six employees?
demand for the firms increase
In area where water supply is poor during periods of peak demand what type of system would usually be specified for the domestic dwelling?
In area where water supply is poor during periods of peak demand what type of system would usually be specified for the domestic dwelling?
How do you use electricity supplies to meet variations in demand?
To meet variations in electricity demand, utilities employ a mix of generation sources, including base load plants for consistent supply and peaker plants that can quickly ramp up production during peak periods. Energy storage systems, like batteries, help store excess energy during low demand and release it when demand surges. Additionally, demand response programs incentivize consumers to reduce usage during peak times, thereby balancing the grid and optimizing supply. By integrating these strategies, utilities can effectively manage fluctuations in electricity demand.
What is the difference between Peak and off peak?
peak is when the demand of electric power is very high, and off peak is when the demand is low
Factors affecting cross elasticity of demand?
1.degree of necessity 2.peak and off-peak demand
How does off-peak pricing influence demand for services?
better prices for off peak purchases takes some of the demand load off the peak times and spreads it out so resources are not overwhelmed.
Why do rock falls occur on chapman's peak?
Rock falls occur on Chapman's Peak in part due to weather. Heavy rains can cause rocks to shift, move, and fall.
What does mid peak mean?
Mid peak refers to a time period during the peak demand of a service or resource, typically characterized by a moderate level of usage that is higher than off-peak times but lower than the highest demand periods. In contexts like energy consumption or transportation, mid peak is often used to implement different pricing strategies to manage demand and optimize resource allocation. It helps providers balance supply and demand while offering consumers options to save costs.
At the zenith of his career the rock star was in world-wide demand?
peak A+
Why do Janine's increasing returns peak six employees?
demand for the firms increase
What do you draw first peak or trough?
peak then trough
What is peak demand electricity of united kingdom?
Peak demand times are between 07:30-09:00 and 17:30-19:00 - those are the times people are either getting ready for, or coming home from work.
What are three major tourist attractions in Caracas Venezuela?
Angel Falls and/or Bolivar Peak
What is the peak season for apricots?
The peak season for apricots is the very beginning of the summer and its a very small peak season. But there's a high demand for them when they are good. Also you can get frozen and dried apricots year round.
What is peak shaving?
Peak shaving is a process from the electricity business: You shift demand from "peak times" (eg. noon) to times with lower demand (e.g. night) and thus "shave" the peak. You can do that e.g. with devices that do not need to run immediately like washing machines etc...
