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How does supply and demand affect the price of a product?

the higher the demand the higher the price.the lower the demand the lower the price.


How can a product achieve product differentiation?

products have both higher quality and lower cost than those of the competition.


Which influence on spending deals with the motivation to purchase a product?

the price of the product and the willingness of the consumer to purchase the product impact the demand of the product by the consumer. lower the price, higher will be the demand and higher is the motivation level to buy the good.


This term refers to the tendency of consumers to buy a lower-priced product instead of a higher-priced product.?

substitution


In food chains why do the arrows flow from the bottom upwards?

The energy is transferred from a lower trophic level to a higher trophic level when resources are consumed.


Why were the Ford in 1908 more expencive than in 1916?

It's all based on the supply and demand. The higher the supply of a product, the lower the price because there's more to go around. The lower the supply of a product, the higher the price because there's less to go around


Why do people buy more of something at lower prices and less at higher prices?

the law of demand. an inverse relationship between the quantity demanded and the price of the product (the lower the price the higher the quantity demanded).


What does the excess supply graph reveal about the market dynamics of the product in question?

The excess supply graph shows that there is more supply of the product than demand for it in the market. This indicates that the product is not being fully consumed by consumers, which could lead to lower prices or a surplus of inventory.


Air moves from where pressure is higher to lower or lower to higher?

Higher to lower.


Electrons flow from areas of higher to lower voltage or from areas of lower to higher voltage?

Electronsflow from areas of lower to higher voltage, while Current flow from areas higher to lower voltage.


You open a book to two facing pages The product of the two page numbers is 600 find the page numbers?

I guess this is best solved by trial and error. Try to multiply two consecutive numbers; if the product is too low, try higher number, if the product is too high, try lower numbers. For example, 20 x 21 = 420; since this is too low, your numbers are higher than that; 30 x 31 = 930; since this is too high, your numbers are lower than that.I guess this is best solved by trial and error. Try to multiply two consecutive numbers; if the product is too low, try higher number, if the product is too high, try lower numbers. For example, 20 x 21 = 420; since this is too low, your numbers are higher than that; 30 x 31 = 930; since this is too high, your numbers are lower than that.I guess this is best solved by trial and error. Try to multiply two consecutive numbers; if the product is too low, try higher number, if the product is too high, try lower numbers. For example, 20 x 21 = 420; since this is too low, your numbers are higher than that; 30 x 31 = 930; since this is too high, your numbers are lower than that.I guess this is best solved by trial and error. Try to multiply two consecutive numbers; if the product is too low, try higher number, if the product is too high, try lower numbers. For example, 20 x 21 = 420; since this is too low, your numbers are higher than that; 30 x 31 = 930; since this is too high, your numbers are lower than that.


What is product liability policy cost based on?

Product liability insurance premiums are based on the type of product you sell as well as the size of your business/the number of products you sell. Consider that the higher the risk of the product you sell, the higher the insurance cost. Selling key-chains as an example, would generate a lower product liability rate, than say selling guns.