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There are many reasons of falling demand instead of constant price such as
1. Demonstration Effects
2.Change in fashion
3.Due to heavy competitions in market
4. Lack of innovations
5.Poorly designed policies and their implementations
6.Low quality of products.
7.Lack of incentives to costumers
8.poor management of business relations with consumers.
9.Non branded launching of products
10.Monoplistic business snerio.
What else can I help you with?
What if supply exceeds demand?
When supply exceeds demand, it is known as a surplus.Surpluses only occur among rational producers and consumers if a regulatory price floor is in effect (that is, the government mandates that the price of the good or service in question not go below a certain level). If no such regulation is in place, the price of the good or service will lower to the point where supply and demand are equal to one another.If the price of the good is lowered, then demand will increase.
What the difference between movement along the demand curve and a shift in demand?
A movement along the demand curve is only caused by a change in price of that specific good, a demand curve is the quantity demanded for a good at each price. If the demand curve shifts, this means that something besides price is affecting the demand, so that at each price more or less is demanded.
What is perfect elastic of demand?
A good's demand is considered perfectly inelastic when that good's demand does not change, no matter the price set. No matter how big or small the price change is. I would pay any price for air.
Why does the demand curve slope down and to the right?
The demand / supply graph is designed to have supply on the vertical axis (Y) and demand on the horizontal (X). Thus you will have a higher supply = lower demand, or lower supply = high demand.
Explain the difference between price elasticity of demand and the slope of a demand curve?
Price elasticity is a specific type of slope of the demand curve. A perfectly inelastic demand means that the quantity will not change with the price. This line is perfectly vertical. A perfectly elastic demand curve is horizontal and means that at any given quantity, there is only one price. Also, a slope gets steeper, demand becomes more inelastic.
What if supply exceeds demand?
When supply exceeds demand, it is known as a surplus.Surpluses only occur among rational producers and consumers if a regulatory price floor is in effect (that is, the government mandates that the price of the good or service in question not go below a certain level). If no such regulation is in place, the price of the good or service will lower to the point where supply and demand are equal to one another.If the price of the good is lowered, then demand will increase.
What role do you think education needs to play and lowering the demand for ivory?
The only way the demand for ivory can be lowered is to stop the poaching and people buying it.
What the difference between movement along the demand curve and a shift in demand?
A movement along the demand curve is only caused by a change in price of that specific good, a demand curve is the quantity demanded for a good at each price. If the demand curve shifts, this means that something besides price is affecting the demand, so that at each price more or less is demanded.
What is perfect elastic of demand?
A good's demand is considered perfectly inelastic when that good's demand does not change, no matter the price set. No matter how big or small the price change is. I would pay any price for air.
Why does the demand curve slope down and to the right?
The demand / supply graph is designed to have supply on the vertical axis (Y) and demand on the horizontal (X). Thus you will have a higher supply = lower demand, or lower supply = high demand.
Explain the difference between price elasticity of demand and the slope of a demand curve?
Price elasticity is a specific type of slope of the demand curve. A perfectly inelastic demand means that the quantity will not change with the price. This line is perfectly vertical. A perfectly elastic demand curve is horizontal and means that at any given quantity, there is only one price. Also, a slope gets steeper, demand becomes more inelastic.
What is the only thing that can cause a change in quantity demanded if the demand is constant?
Price
What is the dealer sticker price of a vehicle?
The sticker price is the manufactures suggested retail price (MSRP). Only vehicle that are in very high demand will sell at sticker price.
What happens to demand and demand curve when there is an increase in the factor?
If there is an increase in demand then a new demand curve appears to the right of the original, but if there is an increase in quantity demanded, then there will only be an increase in price and a new demand curve will not appear.
Why price is taken as independent?
Price is only taken as independent in demand and supply because the quantity demanded and supplied depends upon the increase or decrease in price.
Does the existence of a bandwagon effect makes demand more price elastic at each price?
Yes, it certsinly does. The demand curve will be more elastic if there is a bandwagon effect than if the demand is based only on the functional attributes of the commodity. "BANDWAGON, SNOB, AND VEBLEN EFFECTS IN THE THEORY OF CONSUMERS' DEMAND" (Leibenstein, 1950)
If the price of Good A increases people will demand more of Good B?
this is if and only if these two goods are substitute
