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What is the price effect according to the law of supply?

The law of supply says; The supply will be increase due to increase in price and vice versa. The reason is that the seller will maximize his profit.


In which situation would the price of a good most likely increase?

A rise in demand happens to quickly for produces to increase production to keep up.


Which Is Likely To Have The Larger Effect On The CPI A 2 Percent Increase In The Price Of Food Or A 3 Percent Increase In The Price Of Diamond Rings?

A 2 percent increase in the price of food is likely to have a larger effect on the Consumer Price Index (CPI) compared to a 3 percent increase in the price of diamond rings. This is because food is a staple item that is consumed by the majority of the population, making its price change more impactful on overall living costs. In contrast, diamond rings are luxury items purchased by a smaller segment of the population, so their price fluctuations have a limited effect on the CPI.


Why did price of sugar increase?

The main reason of increasing the rate of sugar day day is only the black marketing. There are other reason also but the main reason is that the big whole seller store sugar in bulk at their warehouses, and it lead to rise in the price of sugar......


What is an increase in demand likely to lead to?

If there is an increase in demand, there will be increase in the price of the product if the supply remains the same. But if the manufacturer or supplier is able to supply increased quantity of product there will be no major effect.

Related Questions

What is the likely effect of this high demand on gasoline prices?

The Price of the gasoline with increase : D


What was the most likely reason farmers were paid to plant less cotton in the early years of the great depression?

to raise the price of cotton and increase each cotton farmer's income


What events can cause the equilibrium price of ice cream to increase?

what five specific events that can be expected to cause the equilibrium price of ice cream to increase


What is the price effect according to the law of supply?

The law of supply says; The supply will be increase due to increase in price and vice versa. The reason is that the seller will maximize his profit.


What is likely effects of this high demand on gasoline prices?

The Price of the gasoline with increase : D


What is most likely to lead a increase in the price of a company's stock?

A good earnings report


Which is most likely to lead to an increase in the price of company's stock?

Once a company goes public and its shares start trading on a stock exchange, its share price is determined by supply and demand in the market. If there is a high demand for its shares, the price will increase.


What is most likely to push the price of a company's stock higher?

An increase in demand for the company's stock


What of these is most likely to lead to an increase price of a company's stock?

Answer : Its profits increase. Explanation : When a company is more profitable, it's stock is in higher demand, and higher demand means a higher price.


In which situation would the price of a good most likely increase?

A rise in demand happens to quickly for produces to increase production to keep up.


Which Is Likely To Have The Larger Effect On The CPI A 2 Percent Increase In The Price Of Food Or A 3 Percent Increase In The Price Of Diamond Rings?

A 2 percent increase in the price of food is likely to have a larger effect on the Consumer Price Index (CPI) compared to a 3 percent increase in the price of diamond rings. This is because food is a staple item that is consumed by the majority of the population, making its price change more impactful on overall living costs. In contrast, diamond rings are luxury items purchased by a smaller segment of the population, so their price fluctuations have a limited effect on the CPI.


Why did price of sugar increase?

The main reason of increasing the rate of sugar day day is only the black marketing. There are other reason also but the main reason is that the big whole seller store sugar in bulk at their warehouses, and it lead to rise in the price of sugar......