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Because, when you buy big amounts of products, the company you buy it from likes it, because they know that they will sell the product instead of overproducing goods that might not sell in the market, therefore they make it cheaper in order to sell as most of the product as they can.
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Why productivity tends to be lower in the service sector that in the manufacturing sector?
Productivity in the service sector often tends to be lower than in the manufacturing sector due to the nature of service delivery, which typically involves more human interaction and less automation. Services are often intangible and can vary greatly in quality, making standardization and efficiency more challenging. Additionally, many service jobs are labor-intensive and require significant time investment per customer, while manufacturing can leverage machinery and technology to produce goods more efficiently. These factors contribute to the overall lower productivity levels observed in the service sector.
What is the relationship between wages and productivity as shown on the graph?
The graph shows that there is a positive relationship between wages and productivity. This means that as wages increase, productivity also tends to increase.
How do you know if your prices are too high?
If competitors are selling a comparable product or service at a significantly lower price, that is a clue that your prices are too high. If few people are buying what you are selling, very likely your prices are too high (although poor sales figures can be related to other problems, such as lack of advertising, bad store location etc.). The unique method to check prices is by making comparisons. The market, any kind of market, doesn't have standard prices. The bigger is a market, the prices tends to be lower.
Why does quantity supplied tend to increase when prices go up and decrease when prices go down?
Quantity supplied tends to increase when prices rise because higher prices incentivize producers to supply more of a good or service, as they can achieve greater revenue and potentially higher profits. Conversely, when prices fall, the profit margin decreases, leading producers to reduce the quantity they supply, as it may no longer be economically viable to produce at those lower prices. This relationship is a fundamental principle of the law of supply in economics.
When oil and energy prices rise the economy tends to experience what type of inflation?
natural inflation
Why productivity tends to be lower in the service sector that in the manufacturing sector?
Productivity in the service sector often tends to be lower than in the manufacturing sector due to the nature of service delivery, which typically involves more human interaction and less automation. Services are often intangible and can vary greatly in quality, making standardization and efficiency more challenging. Additionally, many service jobs are labor-intensive and require significant time investment per customer, while manufacturing can leverage machinery and technology to produce goods more efficiently. These factors contribute to the overall lower productivity levels observed in the service sector.
What is the relationship between wages and productivity as shown on the graph?
The graph shows that there is a positive relationship between wages and productivity. This means that as wages increase, productivity also tends to increase.
How do you know if your prices are too high?
If competitors are selling a comparable product or service at a significantly lower price, that is a clue that your prices are too high. If few people are buying what you are selling, very likely your prices are too high (although poor sales figures can be related to other problems, such as lack of advertising, bad store location etc.). The unique method to check prices is by making comparisons. The market, any kind of market, doesn't have standard prices. The bigger is a market, the prices tends to be lower.
How does volatility impact the value of options?
Volatility affects the value of options by increasing or decreasing their prices. Higher volatility generally leads to higher option prices, as there is a greater chance of the option reaching a profitable level. Conversely, lower volatility tends to decrease option prices, as there is less uncertainty and risk involved.
True or false increased competition in the marketplace tends to result in lower prices and better products for consumers?
True - When there is no competition in a marketplace (a monopoly), this company can control that entire market and raise the price as much as they want. When multiple companies are competing for the market, they need to stay below the competitors prices to sell product.
Are systems at lower potential energy more or less stable than systems at higher potential energy?
At lower energy, a system is more stable. At a higher energy, the system will have a tendency to achieve a lower energy. For example, a ball tends to roll down a slope, a compressed (or extended) spring tends to relax.At lower energy, a system is more stable. At a higher energy, the system will have a tendency to achieve a lower energy. For example, a ball tends to roll down a slope, a compressed (or extended) spring tends to relax.At lower energy, a system is more stable. At a higher energy, the system will have a tendency to achieve a lower energy. For example, a ball tends to roll down a slope, a compressed (or extended) spring tends to relax.At lower energy, a system is more stable. At a higher energy, the system will have a tendency to achieve a lower energy. For example, a ball tends to roll down a slope, a compressed (or extended) spring tends to relax.
Why does quantity supplied tend to increase when prices go up and decrease when prices go down?
Quantity supplied tends to increase when prices rise because higher prices incentivize producers to supply more of a good or service, as they can achieve greater revenue and potentially higher profits. Conversely, when prices fall, the profit margin decreases, leading producers to reduce the quantity they supply, as it may no longer be economically viable to produce at those lower prices. This relationship is a fundamental principle of the law of supply in economics.
When oil and energy prices rise the economy tends to experience what type of inflation?
natural inflation
What is the meaning of incentive?
something that incites or tends to incite to action or greater effort, as a reward offered for increased productivity. or a reason to do somthing
Where would you go to purchase cheap Ultimate Ears SuperFi 5?
Ultimate Ears SuperFi 5 are a type of noise blocking ear headphones. They are available on eBay as well as the Amazon site, which tends to have lower prices than many stores.
How do lower prices impact deflation?
Deflation, the widespread lowering of the costs of goods and services, causes an increase in the value of money. Deflation tends to have a negative impact on stocks, but a positive effect on bonds. For more information on deflation, check out the related link below.
From where one could find the best deal for verilux happy light?
There are many places one can find Verilux Happy Lights. Check out electronics stores such as Best Buy or Future Shop. Also take a look at Amazon, which tends to have lower prices.
