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prices goes higher
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What happens when a company produces a small quantity of a product and a large number of people want to purchase the product?
When a company produces a small quantity of a product and a large number of people want to purchase the product, the demand will cause the price of the product to go up.
How will demand effect price and quantity?
High Demand Lowers QuantityLow Demand increases price and quantity
When a company produces a small quantity of a product and a large number of people want to purchase the product is true?
Supply is low, demand is high, and the product is priced high. What is the point in learning the crap?
What does it mean that the demand for a product is high?
if a product is in high demand it means lots of people want/like it, if something is in demand someone wants it, high demand means that product is popular and people want it, it's in high demand.
What is effective demand?
Effective Demand is "the demand in which the consumer are able and willing to purchase at conceivable price" simply saying if the product price is low more will buy if the rates went high the quantity of the demand goes down
What happens when a company produces a small quantity of a product and a large number of people want to purchase the product?
When a company produces a small quantity of a product and a large number of people want to purchase the product, the demand will cause the price of the product to go up.
When a company produces a small quantity of product and a large number of people want to purchase the product what is true?
Supply is low, demand is high, and the product is priced high.
When a company produces a small quantity of a product and a large number of people want to purchase the product, which of the following is true?
Supply is low, demand is high, and the product is priced high.
When a company produces a large quantity of a product but not many people purchase the product is true?
When a company produces a large quantity of a product but not many people purchase the product the supply is high, demand is low, and the product is priced low.
How will demand effect price and quantity?
High Demand Lowers QuantityLow Demand increases price and quantity
When a company produces a small quantity of a product and a large number of people want to purchase the product is true?
Supply is low, demand is high, and the product is priced high. What is the point in learning the crap?
What does it mean that the demand for a product is high?
if a product is in high demand it means lots of people want/like it, if something is in demand someone wants it, high demand means that product is popular and people want it, it's in high demand.
What is effective demand?
Effective Demand is "the demand in which the consumer are able and willing to purchase at conceivable price" simply saying if the product price is low more will buy if the rates went high the quantity of the demand goes down
What happens to the price of a good when supply is high but demand is low?
the price of the product gose downaka less $$$$$
When a company produces a small quantity of a product and a large number of people want to purchase the product what is true?
Supply is low, demand is high, and the product is priced high.
What is the composition of commercial cooking?
Commercial cooking composes of high yeild equipment for high quantity output. This is to meet the high demand of the quantity of customers.
What usually happens to prices when there is great demand for a product?
if a high demand of a product when it is commen (ex: tooth brushes) it would go down. if its uncommen (ex: solid gold tooth brushes) it would go up
