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If there were a sharp increase in demand for Hersheys chocolate bars we might expect?
If there were a sharp increase in demand for Hershey's chocolate bars, we could expect the company to increase production to meet this new demand. This might lead to higher prices if the supply cannot keep pace with the demand. Additionally, Hershey's may implement marketing strategies to capitalize on the increased interest, potentially leading to greater brand visibility and market share. Overall, the response would aim to balance supply with the heightened consumer interest.
What else can I help you with?
When the population increases you can expect overall demand to?
Increase
What is the difference between increase in demand and an increase in quantity demand?
Increase in demand::It imply rightwaed shift of demand curve.Therefore change in factors other than price.1. increase in taste increase in demand curve2. increase in popoulation increase in demand curve3. increase in income increase demand if normal good4. fall in income increase demand if an inferior good5. increase in price of substitute (pepsi) increase demand for good(coke)6. fall in price of complement (beer) increase demand for good7. if we expect the price of the product to increase in the future , our demand today will increase.Increse in quantity demanded::Movement up the demand curve.Therefore change in price-------- increase in price cause a decrese in quantity demanded,decrese in price cause an increase in quantity demanded .
If people expect the price of packaged coffee to rise next week coffee demand will?
increase
What will happen in the rice market now if buyers expect higher rice prices in the near future?
the demand for rice will increase
In what would you expect determinant of demand for computers to differ from the determinants of the demand for milk?
in what respect would you expect determinant demand for computers to differ from determinants of the demand for milk
What will happen with demand for coffee if people expect the price of packaged coffeee to rise next week?
If people expect the price of packaged coffee to rise next week, the demand for coffee is likely to increase in the short term. Consumers may rush to buy coffee at the current lower price before the anticipated increase. This heightened demand can lead to a temporary surge in sales and possibly deplete current inventory levels. Additionally, suppliers may respond by adjusting their prices or production to meet this increased demand.
What will happen if everyone expects inflation to occur?
If people expect inflation, they are more inclined to spend than save money which will lose its value. A surge in demand will cause an an increase in prices (because demand exceeds supply) and voila! Inflation.
If there is an ecxess supply of a good you can expect?
With no subsequent change in demand, you can expect prices to drop.
If supply shifts in (leftward) and simultaneously demand shifts out (rightward) what can we expect to happen to the equilibrium price and quantity?
When supply shifts leftward (decreasing supply) and demand shifts rightward (increasing demand), the equilibrium price is likely to rise due to the increased competition for a limited quantity of goods. However, the effect on equilibrium quantity is uncertain; it may either increase or decrease depending on the magnitude of the shifts in supply and demand. If the increase in demand is greater than the decrease in supply, quantity will rise, but if the decrease in supply is greater, quantity will fall. Thus, while we can expect a higher equilibrium price, the change in quantity will depend on the relative shifts.
How is demand and quantity demanded different?
A change in quantity demanded refers to the response of consumers to changes in the PRICES of commodities, ceteris paribus.>> Involves a movement along the demand curve A change in demand refers to an increase or decrease in demand brought about by a change in the conditions of non-price determinants.>> Involves a shift in the demand curve (to the left or right)
Highest salary for a programmer?
== == As a graduate, you can expect to earn anywhere from 18-30k depending on language and skills. I started on 18k and was earning 22k within a year. But I expect this will increase somewhat in the coming years due to the increased demand for programmers
Consumers expect certain goods and services to be available on demand during?
both high and low demand periods
