Question and answer
For most products and services, increased price results in
For most products and services, increased price results in demand for fewer products.
Question
Asked 10/26/2012 8:08:34 AM
Updated 195 days ago|11/8/2014 11:32:58 PM
1 Answer/Comment
Flagged by sujaysen [11/8/2014 11:28:57 AM], Confirmed by selymi [11/8/2014 11:32:41 PM], Unconfirmed by selymi [11/8/2014 11:32:43 PM], Edited by selymi [11/8/2014 11:32:58 PM]
Get an answer
New answers
Rating
3
For most products and services, increased price results in demand for fewer products.

Added 195 days ago|11/8/2014 10:11:37 AM
This answer has been confirmed as correct, not copied, and helpful.
Confirmed by sujaysen [11/8/2014 11:28:41 AM]
Comments

There are no comments.

Add an answer or comment
Log in or sign up first.
Questions asked by the same visitor
Advertising, fashion trends, and new product introductions serve to
Question
Updated 3/31/2013 8:19:45 PM
1 Answer/Comment
Advertising, fashion trends, and new product introductions serve to create consumer demand.
Added 3/31/2013 8:19:45 PM
This answer has been added to the Weegy Knowledgebase
Because a modest price increase has little or no effect, the demand for the product is
Weegy: Because a modest price increase has little or no effect, the demand for the product is inelastic. (More)
Question
Expert Answered
Asked 10/26/2012 8:12:10 AM
0 Answers/Comments
21,042,005 questions answered
Popular Conversations
Real Estate
Weegy: yes, what would you like to know about real estate. User: Property management Weegy: hi, what weegy question ...
5/22/2015 1:56:08 AM| 2 Answers
Identify the biotic factor of an ecosystem from the ...
Weegy: In Temperate forests you would be most likely to enjoy leaves changing color in the fall.
5/22/2015 11:48:06 AM| 2 Answers
transmits digital signals
5/22/2015 12:28:55 PM| 2 Answers
Define race
5/22/2015 3:35:35 PM| 2 Answers
Write 45 as a product of prime factors.
Weegy: What is your question? User: [[z]^[2]]+12z+20
5/22/2015 4:23:10 PM| 2 Answers
Find the slope of the line through (2, -3) and (-4, 3). -1 0 1
Weegy: The range of the given data set {-4, -3, -1, -1, 0, 1} is: 5 Range = 1 - (-4) = 1 + 4 = 5 User: Write the ...
5/22/2015 8:33:39 PM| 2 Answers
Weegy Stuff
S
L
Points 706 [Total 1236]| Ratings 2| Comments 686| Invitations 0|Offline
S
Points 461 [Total 469]| Ratings 1| Comments 451| Invitations 0|Offline
S
1
Points 445 [Total 837]| Ratings 1| Comments 435| Invitations 0|Offline
S
P
C
L
P
L
1
P
P
1
P
1
Points 204 [Total 8950]| Ratings 0| Comments 204| Invitations 0|Offline
S
L
P
Points 133 [Total 2610]| Ratings 0| Comments 133| Invitations 0|Offline
S
1
L
L
Points 67 [Total 8250]| Ratings 0| Comments 67| Invitations 0|Offline
S
L
Points 56 [Total 3810]| Ratings 2| Comments 36| Invitations 0|Online
S
Points 33 [Total 53]| Ratings 0| Comments 33| Invitations 0|Offline
S
L
1
R
Points 20 [Total 1307]| Ratings 0| Comments 20| Invitations 0|Offline
S
Points 14 [Total 14]| Ratings 0| Comments 14| Invitations 0|Offline
Home | Contact | Blog | About | Terms | Privacy | Social | ©2015 Purple Inc.