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As Gearge Gray said the equillibrium price gets attacked by twinkies when the income increases because twinkies like the equilibberium price without it they would be like a Baseball without a bat, a cat without a heart, a drug addict without drugs, in other workds DEAD.USELESS. They love there twinkies with the angelic cream filling just as the twinkies love them. LIKE us and we'll LOVE you.<3
What else can I help you with?
How consumers surplus is converted into producer surplus and vice versa in different market structure?
Once the supply is decreased, consumer surplus will decrease. Producer surplus will decrease as well because neither is at the equillibrium. There will be a surplus leftover after the price increases. Once the supply is decreased, consumer surplus will decrease. Producer surplus will decrease as well because neither is at the equillibrium. There will be a surplus leftover after the price increases.
What happens to price if supply increases?
Supply will increase.
What usually happens to the demand for a good or service when the price increases?
When the price of a good or service increases, the demand for it usually decreases.
If supply increases and demand is constant price will what?
In the short run nothing happens to price
What happens when the price of item a increases?
the supply of the item will decrease
How consumers surplus is converted into producer surplus and vice versa in different market structure?
Once the supply is decreased, consumer surplus will decrease. Producer surplus will decrease as well because neither is at the equillibrium. There will be a surplus leftover after the price increases. Once the supply is decreased, consumer surplus will decrease. Producer surplus will decrease as well because neither is at the equillibrium. There will be a surplus leftover after the price increases.
What happens when demand for a good increase but it's supply decrease?
The price for the good increases
What happens to price if supply increases?
Supply will increase.
What usually happens to the demand for a good or service when the price increases?
When the price of a good or service increases, the demand for it usually decreases.
If supply increases and demand is constant price will what?
In the short run nothing happens to price
What happens when the price of item a increases?
the supply of the item will decrease
What happens when the price of movie tickets increases?
You have to pay more.
If a bond price increases what happens to yield to maturity?
The YTM on a Bond versus it's Price is inversely related. Thus when the Price of the Bond Increases, the YTM Decreases.
What happens to equilibrium price of a commodity if there is decrease in its demand and increase in its supply?
Equilibrium price increases
What happens to the demand for the main good if the price of a complementary good increases?
If the price of a complementary good increases, the demand for the main good typically decreases.
When there is a scarcity in availability of a raw material what happens to the consumer price?
It Increases...
What happens when price of a good increases?
So the supply also increase's.
