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What is there an increase in when consumers are more likely to be priced out of the option to buy a home?
Wiki User
∙ 6y ago
Mortgage interest rates
Mortgage interest rates.
Minnie Crist
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Consumers are most likely to be priced out of the option to buy a home when there's an increase in what?
Mortgage interest ratesMortgage interest rates.
This term refers to the tendency of consumers to buy a lower-priced product instead of a higher-priced product.?
substitution
What does a price incentive mean?
it means that when an article is priced reasonable enough, the consumer is more likely to buy it.
Which of the following is one potential effect of an increase in the mortgage interest rates?
Some people could be priced out of buying a home.
What is the relation between Price and quantity demand?
The higher the quality demanded, the more tolerance there is for higher prices. Customers will still seek the lowest-priced option that meets their quality demands, but will generally not settle for lower-priced items that are not of sufficient quality.
What option are consumers most likely to be priced out of to buy a home when there's an increase in what?
Mortgage interest ratesMortgage interest rates.
Consumers are most likely to be priced out of the option to buy a home when there's an increase in what?
Mortgage interest ratesMortgage interest rates.
Which of the following could result in some people being priced out the option to buy a home?
An increase in mortgage interest rates. apexxx
SuburbWhich of the following could result in some people being priced out of the option to buy a home?
An increase in mortgage interest rates. APEX! my peeps
This term refers to the tendency of consumers to buy a lower-priced product instead of a higher-priced product.?
substitution
When supplies are limited priced tend to?
increase
What programming does Dish offer in its basic package?
The basic or lowest priced option that DISH has to offer includes over 190 Channels. It also comes with a Hopper device which allows consumers to instantly skip commercials and watch ones shows commercial free.
What is the possible solution for gas priced?
increase the usage of solar energy and reduce the usage of gas...
What type of products does Louis Vuitton sell to consumers?
Louis Vuitton sell high priced items like purses and bags to consumers. The products are intended only for the very rich and are made from the best materials.
What is the purpose of product highlights?
When a firm can accentuate the product's exceptional quality in detail, it can convince consumers that it's higher-priced product is worthwhile.
How can you find a reasonably priced insurance premium?
The best way to find a reasonably priced insurance premium is to talk to a financial advisor. These people will take the time to assess your financial situation and find the best option that is suited to your needs.
What does a price incentive mean?
it means that when an article is priced reasonable enough, the consumer is more likely to buy it.
