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When the price of a good or service is to low the result will be?
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What is the difference between price and supply?
if the supply is low and the demand is high, then the price of the good will be high. if there is high supply but low demand, then the price will be low. the price of a good or service is determined by the relationship between supply and demand. look for any basic macro or micro economics books and it should give you a very good explanation on the subject also pay attention to the graphs of supply and demand and you will get a better understanding of the relationship between supply and demand.
What happens to the price of a good when supply is high but demand is low?
the price of the product gose downaka less $$$$$
Is it good to have a high inflation rate or low?
Low inflation is considered good because it represents price stability, which encourages productive planning and investment.
How does the price range affect the elasticity of demand for a product?
Demand for a good can be elastic at a low price but inelastic at a high price. YouRE VERY WULCOM novanet ANSWER =)
Difference between demand and supply and what causes each?
The words are just what they say. Demand is how much desire consumers have for a product or service. Supply is how much of a product or service is available. When demand is great and supply is low the price of a product or service increases. When demand is low and supply is great, the price of a product or service decreases. The effect on price is the quantification of supply and demand. Demand in many instances is driven by disposable income and free time. Henry Ford recognized this in increasing the wages of his workers and decreasing their work time. See the related link below.
What is a price floor?
A price floor is a government- or group-imposed price control or limit on how low a price can be charged for a product, good, commodity, or service.
What's a good website for photo restoration service High quality service and low price tags.?
http://www.fixsr.com
What is the difference between price and supply?
if the supply is low and the demand is high, then the price of the good will be high. if there is high supply but low demand, then the price will be low. the price of a good or service is determined by the relationship between supply and demand. look for any basic macro or micro economics books and it should give you a very good explanation on the subject also pay attention to the graphs of supply and demand and you will get a better understanding of the relationship between supply and demand.
Is 1chinawholesale.com safe to order?
i bought 20 real madrid soccer jersey from 1chinawholesale.high quality with low price and good custom service
Is it good to have a high closing price or a low closing price?
If you own the stock, it is good to have a high closing price. If you are short the stock or trying to buy the stock, then a low closing price.
Which wireless broadband internet provider has the best service for a low price?
It depends on what plan you choose. In general, some new providers like Cricket Wireless, Clearwire's wireless broadband service have better service for a lower price.
What prevents the price of a good from dropping too low?
price floor
McDonald's Corporation type of retail offering format?
Emphasizing in low price and fast service
Where can I get a good TV for a low price?
To get a good television at a low price is when new and more advanced television are out in the market. you could try to wait for seasonal changes of the products where you can get really good deals for 'older' television which are still new and good.
What are the advantage and disadvantage of low cost airline and domestic airline?
Worse service,worse food,bad entertainment,good price. {exeptions =air tran,westjet,sunwing,and midwest}
I want to find a low price on an Inernet service for Abiquiu because windstream charges us $56.00 do?
I want to find a low price on an Inernet service for Abiquiu because windstream charges us $56.00 dolars and it would be more if we have Long distance with there phone
Which websites offer the cheapest domain name finder service?
Hostingdude is a very good website for cheap domain names. You will get a good-quality name at a low price. Hostingdude will cost you 1$, which makes it one of the cheapest services on the market.
