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What is an example of something that reduces demand for a product?

Often when prices are too high and demand for a product or service lessens, it is because consumers have found a suitable substitute.


What is example of full demand?

current demand of mobile phone set can be an example of Full demand.


Example of law of demand?

marketing is a great example of law of demand


A recession reduces consumer incomes What happens to Hamburger demand?

supply shifts in


What has the author Arlo W Biere written?

Arlo W. Biere has written: 'The measurement of the demand for irrigation water with special reference to southwest Kansas' -- subject(s): Corn, Irrigation, Irrigation water, Mathematical models, Water requirements


What two kinds of uses in water powered machines increased the demand for cotton?

Irrigation and the cotton gin.


What is the example of unwholesome demand?

Unwholesome demand is the desire for something that is not suitable or healthy. An example of unwholesome demand would be alcohol for the person who is an alcoholic.


Which of these strategies reduces demand for new lumber?

Taxing wood products


What is disclosed observation?

A disclosed observation is when the participants are aware that they are being observed. This reduces ethical issues of consent and privacy but reduces validity due to increased demand characteristics.


What are the examples for exceptional demand curve?

Example of a Linear Demand Curve


What is an example for demand?

Derived demand comes from demand for another product. For example, if coal is in high demand, then there will be derived demand for mining. Another example: A farmer grows crops. In order to grow crops he needs fertilizer. Therefore, the amount of fertilizer he needs to buy, will derive from the amount of crops he needs to grow. Basically, derived demand comes as a result of demand for something else.


What is autonomous demand?

When a particular commodity is demanded for its own sake it is known as autonomous demand. Demand for house is an example for autonomous demand.