answersLogoWhite

0


Want this question answered?

Be notified when an answer is posted

Add your answer:

Earn +20 pts
Q: What policy attempted to satisfy the reasonable demand of dissatisfied powers?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Continue Learning about Economics

What is direct and indirect demand?

Demanded goods which satisfy human wants directly is called direct demand.


What is Implied demand uncertainty?

Implied demand uncertainty is resulting uncertainty for only the portion of the demand that the supply chain plans to satisfy and the attributes to the customer desires.


How does the consumer influence what goods and services will be produced?

The basic economic theory states that "When there is demand efforts will be made to satisfy this demand by virtue of supply." Now in an economic system the consumer dictates the demand and so the supply has to satisfy the demand.So the suppliers have to model their products and services which corresponds to demands of the consumers.


What is the purpose of marketing mix?

to increase sales to rise profit and turnover to satisfy the needs of the customers to increase the consumption demand


How and why does a change in price affect the demand for substitutes?

if the price of a good rises, the demand for its substitute good also rises as well as if the price of a good falls, the demand for its substitute good also falls because substitute goods are those alternative goods which are availabe in the the market if a particular commodity fails to satisfy the consumers. Human being's wants are unlimited and there are only a limited resources to satisfy these wants. Money is supposed to be one of the scarcest resources available. So naturally man tries to make the best us of this resource. That is, he tries to satisfy maximum wants from the money available with him. A person can satisfy one need by utilizing a number of alternative resources. But being a rational individual, he will only use that alternative that is the most cost effective. That is where he has to spend minimum of the scarce resource called money. When the price of a product rises, the individual will look at alternatives ( substitutes ) that are cheaper but give him same satisfaction. The moment he finds an alternative, he shifts to the other product abandoning the use of the product whose price has been increased. Hence the price rise decreases the demand for the commodity whose price has been increased and increases the demand for the substitute product.

Related questions

What is direct and indirect demand?

Demanded goods which satisfy human wants directly is called direct demand.


What is the reasonable demand of people in India?

nikhil\ ]


What is Implied demand uncertainty?

Implied demand uncertainty is resulting uncertainty for only the portion of the demand that the supply chain plans to satisfy and the attributes to the customer desires.


Are accountants in demand?

If you are good at your job, and charge a reasonable price then you will find clients whether they are in demand or not.


How do you evaluate the demand of foreign customers and satisfy them?

if anyone find then plz share


What good and services will produce and how will the produce?

The basic economic theory states that "When there is demand efforts will be made to satisfy this demand by virtue of supply." Now in an economic system the consumer dictates the demand and so the supply has to satisfy the demand.So the suppliers have to model their products and services which corresponds to demands of the consumers.


How does the consumer influence what goods and services will be produced?

The basic economic theory states that "When there is demand efforts will be made to satisfy this demand by virtue of supply." Now in an economic system the consumer dictates the demand and so the supply has to satisfy the demand.So the suppliers have to model their products and services which corresponds to demands of the consumers.


Is everything possable?

No. It is actually quite easy to come up with a contradictory demand, that is impossible to satisfy.


What is hydrothermal scheduling?

according to the variable load demand which generating unit is kept to be on , is most economical to satisfy particular load demand is call optimal scheduling.


What is the purpose of marketing mix?

to increase sales to rise profit and turnover to satisfy the needs of the customers to increase the consumption demand


How demand side policies can reduce cyclical unemployment?

Cyclical unemployment occurs when there is insufficient demand within the economy, meaning that producers do not need current amount of capital to satisfy demand for it's products, so he cuts his production and therefore sack workers. Government could intervene by increasing it's spending (which is an injection in the circular flow of income) and by decreasing income taxes, so consumers have more disposable income to spend on goods. Such policies would stimulate aggregate demand, meaning that suppliers need more factors of production and thus more workers to satisfy an increased demand. So they hire workers, therefore decreasing cyclical, or demand-defficient unemployment.


What are the benefits of having it support services?

As your company grows, their will be a higher demand for your services. Having an I.T. support service will help take the burden of having to satisfy everybody.