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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?
What is one benefit of dynamic pricing?
One benefit of dynamic pricing is that it allows businesses to maximize revenue by adjusting prices based on real-time demand, competition, and customer behavior. This flexibility helps companies optimize their pricing strategies, ensuring they can respond quickly to market changes and consumer willingness to pay. As a result, dynamic pricing can lead to increased sales during peak demand periods while also attracting price-sensitive customers during off-peak times.
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.
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 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 do you draw first peak or trough?
peak then trough
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...
Why do rocks fall on chapmans peak?
Rock falls occur on Chapman's Peak in part due to weather. Heavy rains can cause rocks to shift, move, and fall.
