Seudónimo Seudónimo
  • 03-10-2021
  • Business
contestada

how do changing prices affect supply and demand

how do changing prices affect supply and demand class=

Respuesta :

Aasanjuan
Aasanjuan Aasanjuan
  • 03-10-2021

Answer:

Increased prices typically result in lower demand, and demand increases generally lead to increased supply. However, the supply of different products responds to demand differently, with some products' demand being less sensitive to prices than others.

Answer Link

Otras preguntas

If dna is colorless when dissolved in water, how were you able to see the dna after it ran through the gel?.
The process of exchange of goods or services from sellers to buyers is referred to as: A supply B. market C demand D. production​
I need help with this please​
Which equation models this situation? The sum of 23 and a number is 39. O A. 23 + x = 39 B. 23 - x = 39 C. 39 + x = 23 O D. 23+ 39 = x
Who was the letter carrier of Colossians and Ephesians? O Phoebe Tychicus Stephanus Epaphroditus
Please help This is for my chemistry class and I need to get it done but I’m lost and need answers
please help. 15 points and brainliest if correct!
How do i use the app.??
According to the law of demand, when the price of a good or service increases the quantity demanded A stops B. increases C. decreases D. is unchanged
HELP WILL GIVE BRAINLIEST How does the temperature change as you move from the top to the bottom of the thermosphere? A. It stays the same. B. It changes rando