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Which is an external factor that affects market price?
time
the amount supplied is equal to the amount demanded.
staying open for business on the weekend
The earth has certain boundaries.
Insects destroy a large cotton crop.
Human resources become limited.
utility.
consumer buying power
The usefulness of a product to consumers is referred to as product:
time
the amount supplied is equal to the amount demanded.
staying open for business on the weekend
The earth has certain boundaries.
Insects destroy a large cotton crop.
Human resources become limited.
utility.
consumer buying power
Which situations would cause prices to rise?
time
the amount supplied is equal to the amount demanded.
staying open for business on the weekend
The earth has certain boundaries.
Insects destroy a large cotton crop.
Human resources become limited.
utility.
consumer buying power
Which occurs when the supply of individuals who are able and willing to work diminishes?
time
the amount supplied is equal to the amount demanded.
staying open for business on the weekend
The earth has certain boundaries.
Insects destroy a large cotton crop.
Human resources become limited.
utility.
consumer buying power
A business that begins selling winter holiday decorations in late autumn is creating what type of utility?
time
the amount supplied is equal to the amount demanded.
staying open for business on the weekend
The earth has certain boundaries.
Insects destroy a large cotton crop.
Human resources become limited.
utility.
consumer buying power
Equilibrium price of a good or service is determined by trial and error and exists when:
time
the amount supplied is equal to the amount demanded.
staying open for business on the weekend
The earth has certain boundaries.
Insects destroy a large cotton crop.
Human resources become limited.
utility.
consumer buying power
Which change provides the most time utility for a consumer?
time
the amount supplied is equal to the amount demanded.
staying open for business on the weekend
The earth has certain boundaries.
Insects destroy a large cotton crop.
Human resources become limited.
utility.
consumer buying power
Which is a reason that natural resources are considered limited?
time
the amount supplied is equal to the amount demanded.
staying open for business on the weekend
The earth has certain boundaries.
Insects destroy a large cotton crop.
Human resources become limited.
utility.
consumer buying power
Check it!