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Why are producers willing to supply more of their good as the price increases?
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∙ 9y ago
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∙ 11y ago
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∙ 13y agoDue to the suppliers being the ones who create and/or manufacture the product, they can sell the product for any price they wish. All they have to be aware of is the ability to sell it. That is based on competition. If they have no competitors, they can sell it however high people will still buy it.
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What is an amount producers are willing and able to sell at a given price?
Supply schedule or a supply.
Contract and compare supply and demand?
supply ,higher prices, producers are willing to offer more products for sale than at lower prices.and the can increases the prices . and demand is was higher price for the companies.for the constomers
Supply schedule or a supply curve is an amount producers are willing and able to sell at a given price. True or False?
True
True or false On the supply side of a market producers indicate to consumers what they are willing to sell in what quantity and at what price?
true
Which of these statements refers to the law of supply?
producers will supply as the good price Producers will supply more of a product as the price goes up. A+
What is an amount producers are willing and able to sell at a given price?
Supply schedule or a supply.
Contract and compare supply and demand?
supply ,higher prices, producers are willing to offer more products for sale than at lower prices.and the can increases the prices . and demand is was higher price for the companies.for the constomers
Supply schedule or a supply curve is an amount producers are willing and able to sell at a given price. True or False?
True
True or false On the supply side of a market producers indicate to consumers what they are willing to sell in what quantity and at what price?
true
Which of these statements refers to the law of supply?
producers will supply as the good price Producers will supply more of a product as the price goes up. A+
Aggregate demand and Aggregate supply curve?
The aggregate demand curve show what consumers are willing to buy at a given price level, whereas the aggregate supply curve shows what producers are willing to produce at a given price level.
Supply curves are positively sloped because?
The Supply Curve has a positive slope because as the selling price of the product increases, the willingness of producers to create that product increases as well. With the greater incentive to make that product, production will rise in direct proportion to how much price increases.
Why the aggregate supply curve has its particular shape?
The aggregate supply curve is positively sloped because at a higher price level, producers are more willing to supply more real output.
Supply and quantity supplied?
Supply means ,A fundamental economic concept that describes the total amount of a specific good or service that is available to consumers. Quantity supplied is a change in price along the supply curvereffers to the ammount of goods and services producers are able and willing to put on the market for sale at a given price in a given period of timeQuantity Supplied : The ammount of goods producers are willing to put on the market at a given price
Why might a producer be willing to supply more of a good or service as the price he or she can charge increases?
Because his costs have gone up
What economic explanation occurs if demand increases?
supply will decrease and price will rise greatly
How many cupholders are producers willing to supply at a price of 2.50?
It depends on the suppliers base line supply protocol (basically how many as a minimum they are prepared to sell at what price line) and the volume you would see as your purchase
