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Who contributed the concept of Kinked Demand Curve?
Paw m. Swiji
What contributed to the cattle industry boom?
Demand for more beef back East.
What is the total demand for money?
According to John Maynard Keynes, the total demand for money is composed of transactional demand, precautionary demand and speculative demand for money.
Why was lead demand weaker after the 1970's?
The abandonment of lead as an anti-knocking additive to gasoline and the discontinued use of lead as an insulator in water pipes, contributed to lower demand beginning in the 1970s.
According to the law of demand As prices rise ceteris paribus demand increases demand decreases quantity demanded decreases quantity demanded increases?
According to the law of demand, as the price of a good or service increases (ceteris paribus), the quantity demandeddecreases (and vice versa).
What contributed to the demand for better ships during the Renaissance?
people that were traders
Who contributed the concept of Kinked Demand Curve?
Paw m. Swiji
What contributed to the cattle industry boom?
Demand for more beef back East.
The Crusades indirectly contributed to the discovery of the New World by?
stimulating european demand for goods from the east
What is the total demand for money?
According to John Maynard Keynes, the total demand for money is composed of transactional demand, precautionary demand and speculative demand for money.
What forces contributed to the rise of the factory in the northeast?
Improved technology (i.e. water-powered mills) and increasing demand.
Why was lead demand weaker after the 1970's?
The abandonment of lead as an anti-knocking additive to gasoline and the discontinued use of lead as an insulator in water pipes, contributed to lower demand beginning in the 1970s.
What According to the law of supply and demand when supply increases what else happens?
According to the law of supply and demand when supply increases, prices will decrease.
What are the types of demand according to managerial economics?
1-interrelated demand 2-joint demand 3-competetive demand 4-derived 5-composite 6-independent
What factors have contributed to the supply of electricity not keeping up with the demand for electricity in south Africa over the past ten years?
Massive growth in the economy and population of South Africa. This is what caused demand to outstrip supply.
According to the law of demand As prices rise ceteris paribus demand increases demand decreases quantity demanded decreases quantity demanded increases?
According to the law of demand, as the price of a good or service increases (ceteris paribus), the quantity demandeddecreases (and vice versa).
After computing a elasticity demand and it result was negative what does it implies in economic?
The price elasticity of demand should be negative. This is because the relationship between demand and price, according to the law of demand, is negative.
