issakservin101 issakservin101
  • 03-05-2021
  • History
contestada

What happen when the price of good increase ?

Respuesta :

Аноним Аноним
  • 03-05-2021

Answer:

Then sales would probably decrease because not everyone can afford it. If the goods are a necessity then people would go poor because they are forced to use all their money on the goods.

Answer Link
kaitlynnbailey8278
kaitlynnbailey8278 kaitlynnbailey8278
  • 03-05-2021

Answer:  When the price of a good increases demand will decrease and supply will increase. The increase in prices will encourage consumers to buy less or seek...

Explanation:

Hope this helps :)

Answer Link

Otras preguntas

I need help with this question dontthankmebrainme what is 4=3+n
what human activities threaten biodiversity
Cards numbered 1 through 30 are placed in a bag and shuffled. One card is chosen at random. What is the probability of randomly selecting a number less than or
Who won the six day war
How did the one-child policy result in large numbers of undocumented Chinese?
Which of the following decreases the reliability of results from a clinical trial? A. An obsolete medical treatment B. A double-blind technique C. A short obser
what is 1.75×10^8 in standard form
How did the one-child policy result in large numbers of undocumented Chinese?
Why is a system’s work output limited? a. Entropy decreases with each stage of a system, causing a decrease in available entropy to carry out each stage. b. Sys
A liter is equal to 100 centiliters. Is a centiliter a greater measure than a milliliters? Explain.