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

i need help with the questions that u have highlighted please help.
Characterization analysis for teen killers club in a short paragraph so i can understand the book
204 base 5 + 243 base 5 -21 base5
Why was the Battle of Saratoga such a key to American success in the Revolutionary War? a) It secured foreign support for the American cause b) It marked the ca
How did colonialism Impact and contribute India Present public health system
What is Elie's job at Buna?
Kevin is an auto mechanic. He spends 2 hours when he replaces the shocks on a car and 2 hours when he replaces the brakes. He works no more than 54 hours a week
In October 2000 the UN Security Council devoted an entire session to Women, Peace and Security –adopting Resolution 1325 Links to an external site. As a result.
Hay fed to llamas should be at least 18% protein.A. True B. False
HELP PLSSS i dont understand