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Carsyn Vaughan

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Q: What is a charging higher prices for hoarded goods called?
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What dies charging high prices for hoarded goods called?

Rise and Demand


What was charging high prices for hoarded goods?

A "Profiteering"


What is the purpose of charging different groups of customers different prices?

The purpose of charging different customers different prices is to meet their demand elasticities.


Odd pricing refers to the practice of?

charging prices that fall slightly below even dollars and cents, such as charging $5.99 instead of $6.00.


How much do higher gasoline prices contribute to inflation?

It's the contrary, inflation contributes to higher gasoline prices. But not so much as everybody thinks. The major cause for increasing gasoline prices is the resource. Less resource for higher demand, higher prices


How do movie theaters make the distinction between those with higher and lower price elasticities of demand?

The larger cities with the highest populations are the ones that set their movie prices first (New York, Los Angeles, Chicago, etc.). These are called "First Tier" cities. The rest of the countries base their prices on what the larger cities are charging, what the population is in their area, how much the competition charges, and what amenities a specific theater has.


Why did some countries begin to hoard gold?

Some nations hoarded gold to make their currency more valuable so that their producers could buy raw materials at lower prices.


What is it called when the value of money drops?

That's simple! Inflation. Money has less value, and to compensate it, product prices have to be higher.


In what way did prices change during the revolution war?

The prices went higher.


How did corporations make life harder for small farmers in the 1880s?

by controlling railroads and charging high prices for shipping


Where can I buy a laptop touch?

Best Buy offers a wide selection of touchscreen computers at great prices. There's also a website called nextag.com where you can get the latest gadgets but the prices are a little bit higher.


Did gas prices go higher or lower during the last year?

the gas prices went higher some places are almost $4.00.....