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The term price is to demote the value of the things or service obtained the price may change for every object and service depending upon the quality and importance of the product or service we obtain.

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Q: Why do prices of product and services change?
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What economic indicator measures the change in prices of specific goods and services?

Gross Domestic Product


What determines the prices of goods and services in the product market?

Supply and demand. Supply and demand determines the prices of goods and services in the market.


Why do prices change?

prices change because there may be more people buying one product and they rise it so they can get more money.


How does scarcity affect the prices of goods and services in a market?

Scarcity causes raises in prices, as there is less of a product or service. -Yackna anwsered this


What is GDP deflator?

GDP stands for Gross Domestic Product, which is the total value of goods and services produced within a specified time frame. A GDP deflator is a measure of the change in prices of all new goods and services in an economy.


What is a product for which quantity changes a great deal when prices change?

subsidized


Where can someone compare the best prices on products?

Most product price comparisons are best done online through services such as Google Product Search, Nextag, Pricegrabber, Amazon Product Ads, and many others.


Are the prices of HVAC services realiable to the customers?

The HVAC services includes ventilation, heating and air conditioning services. The prices of the services depends from where we are getting the services. Recently I Got services from airdexinc.com where I found the prices were reasonable.


Will the refractory product quality and services also change as the name of Yilong Refractory changed into Changxing Refractory?

The only change of Yilong Refractory is its name which has changed into Changxing Refractory. Its product quality, pre-sale and after-sale services remain unchanged.


What services does the UK website Price Checker offer?

The UK website Price Checker displays a directory of consumer goods and services. The user can select a category, and products will be listed. The user can then select a product and click a link which shows the stores where the product is available, and the prices for the product at each store.


What is importance of elasticity?

Cross elasticity of demand is the responsiveness of demand for one product to a change in the price of another product. It will help predicts how prices of products will act.


What is the process to copyright a new product of work And what are the prices?

In the United States you would contact the US Copyright office at http://www.copyright.gov. Prices vary between $30 and $220 depending on the services required.