The answer is false, they only built it for people they felt was important such as farros etc
The quantity demanded fall because the price increased. Here the goods follow the Law of Demand.
According to the Law of Demand, whenever there is an increase in price of a commodity then the demand for that commodity decreases. This is also true vice-versa. The price and demand for the commodity shares an inverse relation.
There are many things which determine a demand like income of a consumer, preferences to buy a product and making a decision to buy a substitute for a product.
The questions regarding the supply of a product matching its demand in the market and setting the market prices are all answered by the law of demand and supply.
To know more about Law of Demand here
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Answer:
copper or silver or aluminium
Explanation:
mainly copper because it is cheap other are expensive
Loss Leaders, Weekly promotions and special events and location is more in retailing than in wholesaling because most retail customers must be drawn to the store location.
<u>Explanation:</u>
Usually the wholesaling doesn’t have the need to pull and drag customers towards their store areas as they mainly concentrate on bulk sales where in retailing every customers matters and it is highly necessary to drag and make customers reach out for their store so that their profit rate can be hugely increased.
Hence the retail shop owners tend to increase their sales by attractive weekly promotions and by conducting special events such as cooking classes etc. Thus events like these are more common in retailing than in wholesaling.
