curlyheadarlyn
curlyheadarlyn curlyheadarlyn
  • 03-11-2016
  • Social Studies
contestada

why do lower prices increase the demand for product or services

Respuesta :

charlestona81
charlestona81 charlestona81
  • 03-11-2016
The supply and demand model states that the price of a good will be the level where the quantity demanded equals the quantity supplied

Answer Link
Аноним Аноним
  • 03-11-2016
This is because when things have a lower price, more people start buying that product. And when more people start buying that product, more of that product needs to be produced. It's basically cause and effect.
Answer Link

Otras preguntas

if you live 35 miles from work & drive 35 mph how long would it take to get there
Find an equivalent ratio for 22/55 and then write the proportion
you have a full cylindrical glass of water that stands 8 inches tall and has a radius of 1.5 inches .if you pour the water into a larger cylindrical glass that
Horace read 160 pages in 4 hours. How many pages can he read in 6 hours??
Where do the cranial nerves originate? Where do the spinal nerves originate?
The dimensions of a brick that weighs 25 N are 0.19 m × 0.07 m × 0.095 m. What pressure does the brick exert on the ground if it is resting on its largest face?
conversation between Hitler and gandhi
If 2 less than or equal too X less than or equal too 6, which of the following has the greatest value
How consumers behaviour affect market equilibrium
Please tell me five slogans on conservation of natural vegetation.