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Which factor would most likely cause the demand for a company's product to decrease?
Wiki User
∙ 6y ago
A competitor introduces a similar product at a much lower price.
Wiki User
∙ 6y ago
Kacie Ledbetter
zarr1s
Anonymous
The company decides to go into a different line of business.
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What determines the demand for product service?
THE Demand for a product or a services depends on a host of factors .some factor are specific product or services market .the importance of these factors may also very over time and over space. how ever the following factor are common to all demand...
You move along a given demand curve?
Which is the following example of factor that would move a demand curve? A) increase gst b)decrease in cost of raw material c)decrease in subsidy d)decrease in price of complemantery goods
What is the difference between contraction in demand and decrease in demand?
A contraction in demand is caused by an increase in Price and illustrated by a movement up the demand curve. A decrease in demand is caused by any non-price factor (e.g. advertising, tastes and preferences and price of substitute goods) and is illustrated by an inward shift in the demand curve.
Which was a contributing factor to the farming crisis of the 1980s?
A decrease in demand led to farmers not being able to pay back their substantial loans.
Which of the following was a contributing factor to the farming crisis of the 1980s?
A decrease in demand led to farmers not being able to pay back their substantial loans
Which factor would most likely cause the demand for a company's product to decrease?
(Apex) A competitor introduces a similar product at a much lower price.
What make pricing of product an important product decision Justify its significance in the light of the growth and profitability of the business?
The pricing of a product is a key factor in determining demand for the product. For instance, if something is priced too high, demand will decrease. If an item is priced lower than competitors, all other factors being equal, then demand for the product will increase.
What determines the demand for product service?
THE Demand for a product or a services depends on a host of factors .some factor are specific product or services market .the importance of these factors may also very over time and over space. how ever the following factor are common to all demand...
You move along a given demand curve?
Which is the following example of factor that would move a demand curve? A) increase gst b)decrease in cost of raw material c)decrease in subsidy d)decrease in price of complemantery goods
What are the factor of rising cost of product?
Supply and demand are the most important factors in the rising cost of a product.
What is the difference between contraction in demand and decrease in demand?
A contraction in demand is caused by an increase in Price and illustrated by a movement up the demand curve. A decrease in demand is caused by any non-price factor (e.g. advertising, tastes and preferences and price of substitute goods) and is illustrated by an inward shift in the demand curve.
If the demand for donuts is elastic then a decrease in the price of donuts will?
Fluctuate. You must also factor in price of ingredients, employees, etc.
What are push and pull factor when going global?
Competition is a push factor that can cause a business to go global. Foreign demand is a pull factor that causes globalization. Expanding opportunities can help to increase sales by creating or finding demand for a product.
What was a contributing factor to the farming crisis of the 1980s?
A decrease in demand led to farmers not being able to pay back their substantial loans.
Which was a contributing factor to the farming crisis of the 1980s?
A decrease in demand led to farmers not being able to pay back their substantial loans.
Which of the following was a contributing factor to the farming crisis of the 1980s?
A decrease in demand led to farmers not being able to pay back their substantial loans
What is the difference between fall in demand and contraction in demand?
A contraction in demand is caused by an increase in Price and illustrated by a movement up the demand curve. A decrease in demand is caused by any non-price factor (e.g. advertising, tastes and preferences and price of substitute goods) and is illustrated by an inward shift in the demand curve.
