Price does not often affect demand and supply. This is a cause and affect relationship. The affected is usually the price. Demand and supply are the cause. As demand for a certain item goes up, the price will follow, because more people will be willing to pay more money to own one. However, if demand is low and supply is high, the price will likely drop as the supplier will want to move stock. Price can sometimes lower demand though. If the price ventures too high, and enough people see that they are paying too much for a product, the demand will drop, likewise if the price is too low and the consumer sees that they are getting a good deal, the demand will go up.
What factors usually affect pricing?
The demand and supply law plays a crucial role in the pricing of these products based on popular demand.
Morse telegraph system.
"What factors affect the pricing of Fast Moving Consumer Goods?"
Fluctuations in the price of goods. The affect of demand on price is directly proportional and supply's affect on price is indirectly proportional.
What factors usually affect pricing?
The demand and supply law plays a crucial role in the pricing of these products based on popular demand.
Morse telegraph system.
"What factors affect the pricing of Fast Moving Consumer Goods?"
Fluctuations in the price of goods. The affect of demand on price is directly proportional and supply's affect on price is indirectly proportional.
If significant numbers of people decided to have more children, it may affect supply and demand. It would lead to more demand and less supply.
businesses can charge more if supply is limited and demand is high
Increase in expansion affect the demand because more supply/expansion with constant demand will lead to excess in expansion which affect the demand.
1. How do supply and demand affect choices?
Supply + Demand = Price
price is the main factor which affect demand and supply and other factors which affect demand and supply are change in income weather change living standard of people alternative things superior to inferior
no