How do changing prices affect supply and demand?

Answers

Answer 1

Typically changing prices only affect supply and demand when one creates artificial demand for it. In almost any cases, it is typically the supply and demand that affects the price changes.

We must firstly understand how supply and demand affect changing prices before we can understand the opposite effect. For example, if there is 100 units, and there are only 50 buyers, the supply is more than the demand. To generate artificial demand therefore, the supplier may lower the prices in an effort to sell off all units. On the other hand, if there is 100 units, but there are more than 100 buyers, than the supplier may raise the prices. This lowers the demand for the product as well as maximizing profits. This example assumes that there is only one supplier of the unit that is in demand.

If however, the supplier has competitors within the field (and is not bound by law to set a certain rate), they may change the prices to be lower than their competitors, in an effort to increase more demand for the prices. It would artificially drive down prices, thereby making profits less. If competitors are not able to survive with less profit and/or be able to lower their own prices, they would be forced to go out of business, either by closing or selling their shops. In turn, when the original company buys up their competitors assets, they then hold a monopoly or close to a monopoly of the given field. This allows them to artificially change the price on their own discretion, typically known for the term price-gouging. Historically in the United States, this has occurred, especially in the oil industry, but price-gouging of many consumer necessities have been banned and a official rate has been set for them.

Essentially, in a true supply and demand, changing a price to be higher than market value may lead to a lower demand, and therefore a surplus of the product, which leads to a artificial low price, while changing a price to be below market value may generate higher demand, which in turn leads to a artificial high price.

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Related Questions

What strategy should you use to get a better understanding of the type of surgeries for which the robotic is used?
a.
Summarizing
c.
Questioning
b.
Predicting
d.
Previewing


Please select the best answer from the choices provided

A
B
C
D

Answers

Questioning is a strategy that is used to better understand the type of surgeries for which the robotics is used.

Basis of robotic surgeries and the strategies used-

In the qualitative study, robot-assisted surgical surgeons participated in semistructured interviews. An interview guide comprising open questions is used to ensure that the points to be discussed are systematically addressed during each interview. The difference in behavior and preparation of the surgeon between a standard procedure and a robot-assisted procedure. The influence of proprioceptive modifications gains stability and cognitive biases, inherent in the use of a surgical robot.

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April 11, 1945 American Troops liberate Buchenwald; Stunned to confirm Atrocities Reported by soviet Troops at Auschwitz Which groups of people did the allied forces mentioned in the headline most directly help? A. victims of allied bombing campaigns B.allied prisoners of war and nazi defectors C.suspected spies from japan, germany ,and other nations D.jewsband others deemed "undesirable" by the nazis

Answers

Answer:

B.allied prisoners of war and nazi defectors

Explanation:

Many people perished on the way or shortly after arriving.

how did slaves worship?

Answers

Answer:

Further, they made music and dance vital components of their worship practices. Enslaved men and women kept the rites, rituals, and cosmologies of Africa alive in America through stories, healing arts, song, and other forms of cultural expression, creating a spiritual space apart from the white European world.

Explanation:

The most important early Byzantine emperor was

Answers

Answer: Justinian I

Explanation: Justinian I set up a project that restored Roman arhitecture with new Byzantine models.


Harriet H. Robinson Remembers a Mill Worker's Strike and Rhode Islanders Protest Property Restrictions on Voting both defied the beliefs of Thomas Jefferson on the consequences of an urban industrial society. Namely, Jefferson believed that wage laborers were a dependent people unfit for citizenship because they relied on others for a living. However, industrial workers in the North were very political in spite of the lack of property.

True

False

Answers

The statement that it challenged Thomas Jefferson's belief is true.

Harriet H. Robinson's account of a mill worker's strike and the protests against property restrictions on voting in Rhode Island indeed contradicted Thomas Jefferson's beliefs regarding the consequences of urban industrial society.

Jefferson considered wage laborers to be dependent on others for their livelihoods, and therefore believed they were unfit for full citizenship.

The industrial workers in the North during that period were highly politically engaged, despite their lack of property ownership. The harsh working conditions, low wages, and exploitation experienced by these workers motivated them to organize and advocate for their rights.

They formed labor unions, participated in strikes and protests, and actively sought political reforms to improve their living and working conditions.

Thus, their political activism demonstrated their desire for social and economic justice, challenging Jefferson's notion that wage laborers were incapable of being active citizens.

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what was one effect on the great compromise

Answers

Short of many lack of dangerous arms and less tea that affected populations

identity at least three Hindu scriptures and show how they demonstrate basic
Hindu religious concepts.

Answers

Answer:

Purana, Bhagavad Gita and Vedas

Explanation:

Hindu is a very religious religion and mostly found in India. There are many scriptures in Hindu, some of them are Purana, Bhagavad Gita and Vedas.

Purana is one of the oldest scriptures as it tells about the Hindu gods and goddesses. It has all about Hindu gods such as Brahma, Padma, Shiva, Narada, and Vishnu.

Bhagavad Gita is a 700-verse Hindu scripture, written by Vyasa. It has 18 chapters which depicts the Mahabharata. This scripture demonstrate basic Hindu religious concepts as shows that material nature, the living entities, the Lord,  and time are eternal. People read Gita for their inner peace in Hindu religion.

Vedas are the oldest scriptures of Hindu religion. There are four Vedas: the Yajurveda, the Rigveda, the Samaveda and the Atharvaveda. they demonstrate basic  Hindu religious concepts by saying that Lord Shiva is the supreme god and Hindu believes that these text are pass on by god to the next generation.

Which of the following inferences is best supported by the first paragraph?
Friends and fellow citizens: I stand before you tonight under indictment for the alleged crime of having voted at the last presidential election,
without having a lawful right to vote. It shall be my work this evening to prove to you that in thus voting, I not only committed no crime, but,
instead, simply exercised my citizen's rights, guaranteed to me and all United States citizens by the National Constitution, beyond the power of
any state to deny....
OA. The speaker ignores the fact that she did not register to vote.
OB. The speaker suggests that she is guilty.
C. The speaker is pro-active in voting as a woman because constitutionally all women are U.S. citizens.
D. The speaker suggests that the state in which she lives has no authority over women's rights.

Answers

The speaker is pro-active in voting as a woman because constitutionally all women are U.S. citizens. Therefore, the correct option is (C).

The first paragraph suggests that the speaker is asserting her right to vote despite being indicted for voting without a lawful right.

By stating that she committed no crime and simply exercised her citizen's rights guaranteed by the National Constitution, the speaker implies that she believes women, as U.S. citizens, have the constitutional right to vote.

This inference is supported by the mention of her intention to prove that she committed no crime and the emphasis on citizen's rights that are beyond the power of any state to deny.

The paragraph indicates the speaker's proactive stance in asserting her right to vote as a woman and implies a belief in the constitutional validity of women's suffrage.

Therefore, the correct option is (C) The speaker is pro-active in voting as a woman because constitutionally all women are U.S. citizens.

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what a federal judge in Hawaii struck down President Donald Trump's executive order Banning citizens of certain countries from entering the United States, was an example of judicial activism? explain your answer.

Answers

Answer:

U.S. District Judge Theodore Chuang issued a more limited order halting the travel ban. Chuang’s ruling focused on blocking the ban’s provision that paused immigration from the six countries.

Explanation: i hope this helps.

What was one of the reasons the businesses moved to the south

Answers

Answer:

New opportunity

Explanation:

Reconstruction of the South, after the American Civil War, began in 1865, under President Andrew Johnson. The South's infrastructure and economy were in ruins. Cities had been destroyed and plantations were in poor shape if they were still standing. Some Northerners looked at the South and saw an opportunity.

Answer: Wages in the South were lower than wages in the North

Explanation:

A P E X

The magma carta placed clear limits on the power of the

The magma carta placed clear limits on the power of the

Answers

the magma carta placed clear limits on the powers of the CHURCH

A) Briefly explain ONE factor that contributed to the lack of manufacturing in the South

during the first half of the 19th century

B) Briefly explain ONE advantage the North had over the South in developing

manufacturing during the first half of the 19th century

Answers

The correct answers to these open questions are the following.

A) Briefly explain ONE factor that contributed to the lack of manufacturing in the South during the first half of the 19th century.

One of the factors that contributed to the lack of manufacturing in the South during the first half of the 1800s was that southern people had invested too much in large plantations and buying large numbers of slaves to work on the farm fields producing the kinds of cash crops that were needed to trade and be exported to Europe.

Southern landlords exploited slaves and depended so much on slavery to have good crops.

B) Briefly explain ONE advantage the North had over the South in developing manufacturing during the first half of the 19th century.

The great advantage that the North had over the South was that industries and factories produced goods that facilitated life in the North offered many jobs to people and produced technological advances nonexistent in the South.

These advantages were more notorious during the American Civil War in that northern industries produces weaponry, machines, and supplies that benefited the Union Army over the Confederate Army.

A) The ONE factor causing the lack of manufacturing in the South during the first half of the 19th century was the South's over-reliance on agriculture powered by slave labor.

 

The South relied on owning large plantations for agricultural production, unlike the North.  In the North,  artisans and merchants drove its industrialization.

 

B) The ONE advantage that the North had over the South that helped it to develop manufacturing during the first half of the 19th century was that it had a free-labor and factory-based economy. This economic system was bolstered by industrialization.

 

Thus, the economy of the North was not dependent on agriculture and slave labor, enabling the North to develop manufacturing, which processed agricultural products and other natural resources into refined goods.

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The four Masters of Yuan Opera and their Masterpieces?

Answers

The Four Masters of the Yuan dynasty (Chinese: 元四家; pinyin: Yuán Sì Jiā) is a name used to collectively describe the four Chinese painters: Huang Gongwang, Wu Zhen, Ni Zan, and Wang Meng, who were active during the Yuan dynasty (1271–1368).

Yuan Opera is a form of traditional Chinese opera that flourished during the Yuan Dynasty (1279-1368). Four Masters of Yuan Opera, also known as the "Four Great Yuan Dan" or "Four Great Yuan Male Actors," are celebrated for their contributions to this art form. They are:

Cheng Changgeng (程长庚) - Known for his portrayal of the role of the elderly and middle-aged male characters. His masterpiece is "The Injustice Done to Dou E" (《窦娥冤》).
Xie Jin (谢金) - Famous for his portrayal of young male characters, particularly scholar-officials. His masterpiece is "The Orphan of Zhao" (《赵氏孤儿》).
Ma Zhiyuan (马致远) - Known for his portrayal of warriors and generals. His masterpiece is "The Romance of the West Chamber" (《西厢记》).
Zheng Guangzu (郑光祖) - Famous for his portrayal of comic characters. His masterpiece is "The Chalk Circle" (《鬼谷子》).
These four Masters of Yuan Opera are revered for their skill, artistry, and contributions to the development of this important form of Chinese opera.

How did Joseph Stalin's Great Purge affect communist leadership in the
Soviet Union?
OA. It encouraged Soviet leaders to freely express their opinions to
Stalin directly.
B. It removed from power any leaders who may have opposed
Stalin's policies.
C. It eliminated all political parties in the Soviet Union other than the
Communist Party.
D. It decentralized Soviet leadership and granted more freedoms to
local leaders.

Answers

B. It removed from power any leaders who may have opposed Stalin's policies.

The Great Purge, which occurred in the late 1930s, was a series of political repressions and executions carried out by Joseph Stalin and the Soviet secret police. Its primary goal was to eliminate perceived threats to Stalin's power and authority within the Communist Party and the Soviet government.

During the Great Purge, many high-ranking officials, military leaders, and intellectuals were accused of treason, espionage, and other crimes against the state. These accusations were often based on flimsy or fabricated evidence and were used as a pretext to remove potential rivals and critics of Stalin's policies.

As a result of the Great Purge, many of the most experienced and capable leaders within the Communist Party and the Soviet government were removed from power, leaving a leadership vacuum that was filled by less experienced and less competent officials. This had a long-lasting impact on the Soviet Union, weakening its political and military capabilities and contributing to its eventual collapse in 1991.

What did Richard Nixon want state governments to do when it came to Revenue Sharing?

What did Richard Nixon want state governments to do when it came to Revenue Sharing?

Answers

Answer:

A

Explanation:

This questions is history and I have to read yawp reader to answer this question ...... Identify and explain at least five (5) significant details of Native
American life/culture as depicted by these sources.?

Answers

The Yawp Reader is a collection of essays that describes the history of America from various perspectives. In this reader, you can find an excellent resource to learn about the culture and life of Native Americans. Below are five significant details of Native American life and culture depicted by these sources:

1. Indigenous people relied heavily on the environment for their survival. They relied on the forests, rivers, and wildlife for their subsistence. They hunted, fished, and gathered food and medicine from the surrounding ecosystem.

2. Native Americans' culture valued communal living. They believed in sharing resources, and therefore, their societies were typically organized into clans and tribes. Families within these groups supported one another through mutual assistance and cooperation.

3. Native Americans had unique religious beliefs and practices. They believed in animism, where all living things had a spirit or soul. This belief shaped their interaction with the natural world and formed the basis of many of their customs and traditions.

4. They were known for their oral tradition, which was an essential component of their culture. Stories were passed down through generations through storytelling. These stories contained important cultural and historical information.

5. Native Americans had a rich artistic heritage. They used materials such as wood, stone, and animal hides to create beautiful works of art. Their art was often intricate and symbolic, reflecting their deep connection with nature and the spirit world.

In summary, the Yawp Reader offers an in-depth look at Native American life and culture. From their reliance on the environment to their communal living and unique religious beliefs, the reader portrays Native Americans' culture as rich, diverse, and deeply interconnected with nature.

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If your payment for your full credit card is received by the lender before
the due date, you will not owe any interest. *
True
False

Answers

Answer:

true

Explanation:

The answer is TRUE you will not owe any interest

china produces most fo the worlds supply of what​

Answers

China produces most of the world's supply of solar panels.

Why it is?

China produces most of the world's supply of rare earth elements. These elements are crucial components in modern technologies such as smartphones, electric cars, wind turbines, and military weapons.

China's dominance in rare earth production can be attributed to several factors, including low labor costs, lax environmental regulations, and significant government investment in mining and processing operations.

However, China's control of rare earths has also raised concerns about supply chain security, as the country has used its monopoly as leverage in trade disputes with other countries.

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impact of price discrimination in bussineses​

Answers

Answer: potentially lower prices, rewards for choosing less popular services and helps the firm stay profitable and in business.

Explanation:

Which of the following would NOT be included as among the 'accepted' meanings of History:
a.)
that which historians write about the past
b.)
the whole of the past
c.)
it is the recorded past
d.)
that which we learn from to prevent similar mistakes

Answers

Answer:

the whole of the past okay bro

the digital millennium copyright act is the american law created in response to directive 95/46/ec, adopted in 1995 by the european union. (true or false)

Answers

The statement is False. The digital millennium copyright act is the american law created in response to directive 95/46/ec, adopted in 1995 by the European Union.

The European Union (EU) is a political and economic union of 27 member states located primarily in Europe. The EU was founded in 1993, but its roots go back to the aftermath of World War II when European leaders sought to prevent future conflicts by fostering economic cooperation and integration. The first steps towards the EU were taken in 1951 with the creation of the European Coal and Steel Community, followed by the Treaty of Rome in 1957, which established the European Economic Community.

Over the years, the EU has expanded to include more countries and has grown in scope to encompass issues such as environmental protection, human rights, and foreign policy. The EU has faced numerous challenges throughout its history, including the global financial crisis, Brexit, and the COVID-19 pandemic, but it continues to strive toward greater unity and cooperation among its member states.

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what group of hunters killed the most buffalo in the 1870

Answers

Answer:

The Sioux

Explanation:

What three factors fueled the emergence of U.S. imperialism?

Answers

Three factors fueled American Imperialism.

Economic competition among industrial nations.

Political and military competition, including the creation of a strong naval force.

A belief in the racial and cultural superiority of people of Anglo-Saxon descent

why did machiavelli say others offer princes when they seek favor?

Answers

Answer:

cos he's rich because he's like Mr beast and that

c. How did French conservative republicans help
the Third Republic remain politically stable?

Answers

Answer:

French Conservative Republicans helped the Third Republic remain politically stable by supporting the Republic and providing a stable political base. They also helped to counterbalance the more radical elements of the Republic, preventing extreme political swings and promoting political stability.

Explanation:

French Conservative Republicans helped the Third Republic remain politically stable by providing a stable political base and counterbalancing the more radical elements of the Republic. They supported the Republic and its institutions, helping to strengthen and stabilize the government. They also promoted economic stability and growth by advocating for free market policies and limited government intervention in the economy. They also helped to prevent extreme political swings by promoting moderate policies and opposing radical and extreme movements. This helped to ensure a more stable political environment and contributed to the longevity of the Third Republic.

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By supporting the Third Republic and serving as a reliable political base, French Conservative Republicans contributed to the Third Republic's continued political stability.

How did French conservative republicans contribute to the Third Republic's political continuity?

By providing a solid political foundation and acting as a check on the Third Republic's more radical components, French Conservative Republicans helped the government maintain its political stability. They provided assistance to the Republic and its institutions, which aided in bolstering and stabilizing the administration. By supporting free market principles and minimal government interference in the economy, they additionally encouraged economic stability and expansion. They supported moderate policies and opposed radical and extreme groups, which served to minimize dramatic political swings. The Third Republic lasted longer as a result, helping to ensure a more stable political environment.

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ead the excerpt from Persepolis.

Page 1 of The Letter, a story from the graphic novel Persepolis.

How does the middle row of panels help develop the central idea of this page?

They show that Iranian children living in poverty had to work.
They make Marjane grateful for all she has.
They describe the privilege that Marjane has.
They illustrate Marjane’s embarrassment.

Answers

The middle row of panels in the given excerpt from Persepolis helps to develop the central idea of the page by showing the reality of poverty and child labor in Iran. These panels serve to establish the setting of the story and highlight the differences between Marjane's own life and the struggles faced by those around her.

In the given excerpt from Persepolis, the middle row of panels helps to develop the central idea of this page by showing that Iranian children living in poverty had to work. The graphic novel Persepolis tells the story of Marjane Satrapi's experiences growing up during the Islamic Revolution in Iran.

The page in question is the first page of the story titled "The Letter," which recounts a memory of Marjane's childhood in which she discovers a letter her mother had received from a relative in the United States. The middle row of panels shows images of children working, such as a boy shining shoes and a girl carrying a tray of goods on her head.

These panels help to establish the setting of Marjane's childhood in Iran, where many families were living in poverty and children were often forced to work in order to help support their families. By showing the reality of life for many Iranian children, these panels highlight the stark contrast between Marjane's own privileged upbringing and the struggles faced by those around her.

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In 1856, antislavery extremist John Brown carried out a deadly reprisal in Kansas and murdered five pro-slavery settlers in what is known as the __________ __________.
pottowatatomie massacre

Answers

In 1856, antislavery extremist John Brown carried out a deadly reprisal in Kansas and murdered five pro-slavery settlers in what is known as the Pottawatomie massacre.

The Pottawatomie massacre occurred on the night of May 24–25, 1856, in the Kansas Territory where five pro-slavery settlers were killed in front of their families. The severe attack was triggered as a reaction to the sacking of Lawrence by pro-slavery forces on May 21 and the telegraphed news of the severe attack on May 22 on Massachusetts Senator Charles Sumner, for speaking out against slavery in Kansas. John Brown an antislavery extremist and a band of abolitionist settlers (some of them members of the Pottawatomie Rifles) reacted violently reply killing five pro-slavery settlers in Franklin County, just north of Pottawatomie Creek. This soon became the most famous of the many violent episodes of the "Bleeding Kansas" period.

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Revolutionary war thesis statement

Can someone help me make one with cause and effect

Answers

Answer:

A desire for self-determination and religious freedom led the founding fathers to declare independence from England. This is a strong thesis statement because it narrows the subject to a more specific and manageable topic, and it also identifies a specific cause of the American Revolution.

20 POINTS!! Explain why a belief in witchcraft may help maintain order in society.
pls help me I have to turn this in soon.

Answers

Answer:

Witchcraft is the practice of magic, especially black magic; the use of spells and the invocation of spirits. If said magic could make everybody whom is making society not maintained "disappear" or contribute to help society stable... I think so

Explanation:

Voting in elections is to what?

Answers

Answer:Florida voters can also vote before Election Day. The early voting period runs from Saturday, October 24, 2020 to Saturday, October 31, 2020, but dates and hours may vary based on where you live.

Explanation:

Answer:Florida voters can also vote before Election Day. The early voting period runs from Saturday, October 24, 2020 to Saturday, October 31, 2020, but dates and hours may vary based on where you live.

Explanation:

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