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A lowered price. A surplus might cause people to buy more of a product

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Which factor might cause an increase in the supply of a product?

the introduction of new technology


Is advertising effect on price of a product?

Advertising can have an effect on the price of a product. Advertising might cause consumers to view products differently than they did before. If the affect is a negative one, then the price might tend to be lower to offset demand. Of course the reverse can also be true. Generally when competitors see a rival set off a large advertising campaign, it would generally spark the same with this company. The result would seem to trend towards a more competitive market, which might cause lower prices on the product involved. This would have a positive affect on society as a whole.


Does the incidence of excise tax effect the buyer or seller?

Excise tax can affect both the buyer and the seller. It affects the buyer in that it makes the goods more expensive for him. It can affect the seller in four ways. First, the buyer might use less of his product because it became more expensive. Second, the buyer might find another source of the same product that does not have the excise tax added on and may switch to that product. Third, the buyer might find a substitute product. And fourth, it can cause such resentment against the government that the seller becomes an bystander who loses. The fourth thing happened in the United States in 1773. England put a tax on tea. The people of the future United States rejected tea and started drinking Brazilian coffee instead. Visits to the old colonial homes display the coffee grinders.


How might marginal cost impact the activity of a producers?

It might lead a producer to charge more for a product or service.


6. How might marginal cost impact the activity of a producer?

It might lead a producer to charge more for a product or service.

Related Questions

Which factor might cause an increase in the supply of a product?

the introduction of new technology


What might cause your weight loss to stop?

The product you are using thinks you are fat and does not like you


What factors cause people to leave farming?

One factor that might cause people to leave farming is the inability to make a profit. Another factor that might cause people to leave farming might be insolvency through a natural disaster.


Explain what might cause profits to fall?

not making so much product and not selling also


What might happen if you add water rapidly to you product in a hot crucible?

Adding water rapidly to a hot crucible might cause the crucible to brake.


An example if target group might be people who?

have not been buying a certain product


How might porcelain have helped people?

It helped China by allowing them to trade this product and use this product for household reasons or for decoration.


What event occurred last in 1873?

What might she do after this event in 1873? Might she be discouraged?


Is the Statue of Liberty a historical event?

No. A "thing" cannot be an "event". What might be a historical event is the construction of the Statue of Liberty, or the shipping of the statue across the Atlantic, or the acceptance of the gift from the people of France.


Is praying before an event good?

If your realy nervous some people might feel better after they pray and after might feel more confitance


Name a reason why you might get introduced to many people at once?

You might get introduced to many people at once at a networking event, a conference, a social gathering, or a work meeting with multiple attendees.


Could tornadoes cause global warming?

No. While global warming might affect tornado activity, tornadoes themselves are an end product of weather and climatic activity, not a cause.