Answer:
1.It's a fundamental economic principle that when supply exceeds demand for a good or service, prices fall. When demand exceeds supply, prices tend to rise. There is an inverse relationship between the supply and prices of goods and services when demand is unchanged.
2.Supply and demand, in economics, relationship between the quantity of a commodity that producers wish to sell at various prices and the quantity that consumers wish to buy.
3.A demand curve shows the relationship between quantity demanded and price in a given market on a graph. ... A supply curve shows the relationship between quantity supplied and price on a graph. The law of supply says that a higher price typically leads to a higher quantity supplied.
Answer: customer is required to buy one product only if the customer also buys a second product
Explanation:
Tying sales is a market practice designed to increase sales volume. A "tying sales" situation is said to occur when a customer is required to buy one product only if the customer also buys a second product.
Tying sales is simply defined as a scenario whereby the purchase of a good or service is compulsory when one buys a different good or service. This meane the individual helps us buying two products.
Nondiscretionary policy making.
relying on policies that act as automatic stabilizers.
actions taken by policy makers in response to or in anticipation of some change in the overall economy.
policy making that is carried out in response to a rule.
Which three factors make starting a business a highly risky investment? My answer would be points B, C and E.
