answersLogoWhite

0

What else can I help you with?

Continue Learning about Economics

What was the first transportation breakthrough resulting in an increased availibility of goods to consumers?

canals


Why is a monopoly undesirable for consumers?

A monopoly is undesirable for consumers because it limits competition, leading to higher prices, lower quality products or services, and less innovation. Consumers have fewer choices and less bargaining power in a monopoly market, resulting in a lack of options and potentially unfair practices.


When the economy is slowing down but prices are still going up?

When the economy is slowing down but prices are still rising, it typically indicates a situation known as stagflation. This phenomenon occurs when stagnant economic growth coincides with inflation, leading to increased costs for consumers while job growth and production decline. Factors such as supply chain disruptions, rising commodity prices, or increased production costs can contribute to this scenario, making it challenging for policymakers to address both inflation and unemployment simultaneously. In such cases, consumers may experience reduced purchasing power, resulting in a squeeze on household budgets.


If demand stays the same and supply decreases what will prices do?

If demand remains constant and supply decreases, prices are likely to rise. This is because the reduced availability of the product leads to increased competition among buyers, which drives up the price. In a market where demand outpaces supply, sellers can charge more, resulting in higher prices for consumers.


How business mergers helped American's to standard of living?

Business mergers have contributed to the American standard of living by creating larger, more efficient companies that can achieve economies of scale. These efficiencies often lead to lower production costs, which can translate into lower prices for consumers. Additionally, mergers can facilitate innovation by combining resources and expertise, resulting in improved products and services. Overall, the increased competitiveness and efficiency from mergers can enhance economic growth, benefiting consumers and employees alike.

Related Questions

What was the first transportation breakthrough resulting in an increased availibility of goods to consumers?

canals


If 650 is increased by 120 percent what is the resulting number?

If 650 is increased by 120%, the resulting number is: 1,430.


If 260 is increased by 170 percent what is the resulting number?

If 260 is increased by 170 percent, the resulting number is: 702


Which mechanism of microevolution has been most affected by the ease of human travel resulting from new modes of transportation?

Gene flow has been most affected by the ease of human travel resulting from new modes of transportation. Humans traveling across vast distances can introduce new genes into isolated populations or facilitate the mixing of gene pools, which can lead to increased genetic diversity within populations.


if 250 is increased by 190% what is the resulting number?

250


If 220 is increased by 120 percent what is the resulting number?

484


If 120 is increased by 80 percent what is the resulting number?

216


How did improvements in transportation affect the economy of the north?

It spurred the economy, because immigrants were willing to work for little wages. It also spurred the economy because now there were more consumers to buy the goods.


If 200 is increased by 20 percent what is the resulting number?

20% of 200 is 20/100 * 200 = 40 So 200 increased by 20% is 240.


Why is a monopoly undesirable for consumers?

A monopoly is undesirable for consumers because it limits competition, leading to higher prices, lower quality products or services, and less innovation. Consumers have fewer choices and less bargaining power in a monopoly market, resulting in a lack of options and potentially unfair practices.


How the agricultural revolution impact population?

It increased pressure on local environment ,it also changed the foods we eat


If 90 is increased by 90 percent what is the resulting number?

Work out 90% of 90 = 8190 + 81 = 171