How can supply actually change the value of something

1 answer:

7 0

Supply and demand play a huge part in the value of someting for a consumer. When there is a low supply of an item and the item is in high demand, the value you seems to go up for a consumer because they have to have it. The want for an item that may not always be there is what brings value to the consumer and in some cases, have them purchase the item just because of the chance of it running out. When there is a large supply of an item, the value may not be as much to a consumer because they think they can purchase the item whenever they want.

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You're a stand-up Brainly citizen with some pretty impressive skills. Only those active members with excellent reviews and recom

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Answer:

Virtuoso, Expert, Ace

Explanation:

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2 years ago

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Pani-rosa [81]

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2 hours of labor

Explanation:

Labor is hired up to a point where the marginal product of labor * Price of the output = wage of the worker.

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3 years ago

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d. segregation of duties

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Segregation of duties defines that when a different number of people doing their duties for the same purpose. For example a person receives an envelope of cheque and another person records in accounting system.

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3 years ago

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lora16 [44]

Answer:

C) in swap transactions where the trader is attempting to minimize currency exposure, the actual spot and outright forward rates are often of no consequence.

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Swap transactions occur with negotiations based on the profitability of two goods, in relation to the profitability related to the value of a currency of a given location. As the currency value of these two goods can vary significantly, the traders involved in this process always seek to minimize currency exposure, as well as real cash rates. This gives space for bank brokers to use shortened laces notation, where future price predictions are considered.

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Kenneth entered into a contract to sell his home to Valerie, who put down a $5,000 earnest money deposit. At the last minute, Va

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An example of accepting liquidated damages is when valerie backed out of the deal and Kenneth kept the earnest deposit.

<h3>What is a liquidated damages?</h3>

A liquidated damages refers to a pre-estimated probable loss that would be suffered from the late completion of a contract.

In conclusion, the example of accepting liquidated damages is when valerie backed out of the deal and Kenneth kept the earnest deposit.