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3 years ago

Why do prices increase when demand for a product is high?

2 answers:

6 0

Answer:When demand exceeds supply, prices tend to rise. ... If there is a decrease in supply of goods and services while demand remains the same, prices tend to rise to a higher equilibrium price and a lower quantity of goods and services. The same inverse relationship holds for the demand for goods and services.

Step-by-step explanation:

olya-2409 [2.1K]3 years ago

4 0

Answer: Because everybody wants it

Step-by-step explanation:The prices increase when the demand of a product is high because everybody wants it so the store will get more money if everybody

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A store that sells shoes buys them from a manufacturer at a wholesale price of $57. The store's markup rate is 50%. What price d

kogti [31]

The answer is $85.50

57 x 50% or 57 x .5 = 28.50

Add $28.50 to $57 and you get $85.50

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3 years ago

Solve the equation. 3x + 5 = x - 3

Luden [163]

Answer:

x=-4

Step-by-step explanation:

Subtract x from 3x ( 2x )

2x+5=-3

Subtract 5 from -3 ( -8 )

2x=-8

Divide ( -4 )

x=-4

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3 years ago

Which expression results from using the Distributive Property? 2(5 + 3r)

Natasha_Volkova [10]

Answer:

6r + 10

Explanation:

2(5 + 3r)

= (2)(5 + 3r)

= (2)(5) + (2)(3r)

= 10 + 6r

= 6r + 10

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3 years ago

Amy bought 0.4 kilogram of tomatoes for $4.00. What is the cost in dollars per kilogram of tomatoes?

nasty-shy [4]

Answer:

$10 per kilogram

Step-by-step explanation:

To eliminate the decimals,multiply everything by 10

0.4.........4

4.00.........40

4 kilos = $40

1 kilo = $10 (40/4)

3 0

3 years ago

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John runs 500 feet in 1 minute. Identify the correct conversion factor setup required to compute John's speed in inches per seco

slavikrds [6]

Answer:

see the procedure

Step-by-step explanation:

Remember that

$1\ ft=12\ in$

To convert feet to inches multiply by 12

$1\ min=60\ sec$

To convert minutes to seconds multiply by 60

we have

$500\frac{ft}{min}=500(\frac{12}{60})=500(\frac{1}{5})=100\frac{in}{sec}$

7 0

3 years ago

Read 2 more answers