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If the price of resources increases what will happen to supply?

supply will decrease


What is the pricing strategy that is needed when you are trying to maximize revenue when capacity is a factor?

increase price, decrease supply


What will happen if demand decreases and supply increases?

the price and value of the item will decrease.


If the fed increases the money supply what will happen to interest rates?

when money supply is increased, interest rates decrease


What will happen when Aggregate demand and aggregate supply decrease?

When aggregate demand and aggregate supply both decrease, the result is no change to price. As price increases, aggregate demand decreases, and aggregate supply increases.


What will happen when the supply of a product increases According to Adam Smith?

the price of the product will decrease


Is this a change in supply or demand of oranges is it an increase or decrease what will happen to the price of oranges why is this a rip off?

There is often a change in supply and demand of oranges.


If there is a decrease in supply what will happen to the total surplus?

If supply decreases the prices will go up and quantity will go down and surely total surplus will be reduced.


What would most likely happen to the price of a product if the supply of that product decreased?

Supply is inversely proportional to inflation, so the priceof the product will decrease


When will happen if the sellers in the market increase?

As the Number of Sellers Increases, the Supply of the commodity Increases. As Supply Increases, and demand remains constant, Prices Decrease.


Is this a change in the supply or demand of swimsuits why is it an increase or decrease what will happen to the price of swimsuit why is this a rip off?

A change in the supply and demand of swimsuits often occurs.


Is petrol an energy supply?

yes