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What is the answer to although there is a decrease in prices people have less money to buy products?
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What is the conclusion of inflation?
As prices rise, inflation also increases; supply increases and demands of people decrease because of high prices.
What decrease in the aggregate supply?
A decrease in the supply of goods causes inflation because people are willing to pay higher prices for scarce goods.
How is unemployment related to supply and demand?
when people are unemployed, it means there is a decrease in the workforce and a decrease in the quantity supplied as firms cannot produce as much as they could before. as there is a decrease in the supply, prices fall and demand increases.
Quantity of products that people are willing to buy at different prices at a specific time?
Demand
Tightening of credit and a sharp decrease in farm prices led to what?
Yes, the tightening of credit and a sharp decrease in farm prices touched of the Panic of 1819.
What is the conclusion of inflation?
As prices rise, inflation also increases; supply increases and demands of people decrease because of high prices.
What decrease in the aggregate supply?
A decrease in the supply of goods causes inflation because people are willing to pay higher prices for scarce goods.
What is the main component that keeps prices low in capitalism?
Within Capitalism, there are many businesses who sell similar products. If one company were to raise their prices of their products higher than another company, then people would buy the products of the company who kept their prices lower. So, companies are forced to keep their prices low so that people will continue to but their products. In short, competition is what keeps prices low in capitalism.
Why do prices of goods go down?
Prices go down so that people can come into a shop and say "hey that is cheap so I can afford it". If the prices were too high people wouldnt be able to afford things. One reason electronics prices decrease is that they are mass produced and the costs continue to decrease. Another is that they start with a high markup when the product is the newest top item and as newer better models come out the prices must decrease on the older models. Another is that the item becomes dated. Who would pay full price for last year's new automobile, motorcycle or similar products. Competition also cause products to decrease in price and it is strongest during highest season's volume of customers to purchase an item. Like swimming suits in the spring. Another reduction comes when retail stores and manufactures want to reduce the inventory of the leftover seasonal merchandise
How is unemployment related to supply and demand?
when people are unemployed, it means there is a decrease in the workforce and a decrease in the quantity supplied as firms cannot produce as much as they could before. as there is a decrease in the supply, prices fall and demand increases.
Will video cameras prices continue do decrease over time ?
I'm sure video camera prices will continue to decrease over time. The inventions of new, more convenient technologies have made cameras less "needed". Therefore the prices will decrease. :)
When supplies are endless prices tend to .?
Decrease
Quantity of products that people are willing to buy at different prices at a specific time?
Demand
What are most products innovated?
they are most innovated because people are not getting money off low prices so they make the prices higher
Tightening of credit and a sharp decrease in farm prices led to what?
Yes, the tightening of credit and a sharp decrease in farm prices touched of the Panic of 1819.
Will gold price decrease in future?
Gold prices have been on the high rise for some years now, and no it does not look like gold prices will decrease in the near future.
How does competitiors low prices affect your sales?
Obviously it will decrease your sales if their prices are below yours.
