answersLogoWhite

0

When the prices of the commodities fall, the demand of that commodity usually increases. On the same note the supply of the given commodity usually decreases as well.

User Avatar

Wiki User

10y ago

What else can I help you with?

Related Questions

Where can a person go to find the latest prices on commodities?

A person can find the latest prices on commodities from several locations. CNN, Bloomberg News, Nasdaq, and Reuters all broadcast the latest up to date prices of commodities, both on their television channel as well as on their websites.


What happens to prices if the supply is high?

The price will skyrocket, increase, go up.


What happens to prices when you have a surplus?

Prices fall because there is surplus. Dildos make you feel good.


What has the author Arbab Ikramullah written?

Arbab Ikramullah has written: 'Prices of agricultural commodities in Bannu, 1961-70' -- subject(s): Agricultural prices 'Prices of agricultural commodities in Kohat, 1961-74' -- subject(s): Agricultural prices, Farm produce, Prices


How are commodities priced?

Commodity prices are quoted on either a spot or future basis on an electronic board each time they change. Future prices are quoted based on the date of delivery of the contracted commodities.


What is trading possibility frontier?

as in production possibility curve compares production rates of two commodities, this compares prices of different commodities.


Which organization keep a check on prices of essential commodities?

MRTP organisation


What are the functions of prices in a market economy?

Prices are a mechanism by which commodities are efficiently allocated in ideal conditions; prices send a signal about the value of a commodity.


What could one find on the website Futures and Commodities?

Futures and Commodities is a website dedicated to following the prices of commodities like natural gas, oil, and gold among others. The site also takes a look at the past and potential future of these commodities.


What happens to price when a surplus exists?

Surplus means there will be excess supply, meaning demand will fall, and so will prices


If there is a decrease in the money supply that causes prices to fall and leads to deflation what happens to money?

It gains purchasing power.


Why is it risky to depend on selling oil to the world?

Because prices can fluctuate rapidly with such commodities.