首页
登录
职称英语
When prices are low people will buy more, and when prices are high they will
When prices are low people will buy more, and when prices are high they will
游客
2024-08-03
5
管理
问题
When prices are low people will buy more, and when prices are high they will buy less. Every shopkeeper knows this. But at the same time, producers want higher prices for their goods when they make more goods. How can we find the best price for the goods? The Law of Supply and Demand is the economist’s answer to this question.
According to this law. changes in the prices of goods cause changes in supply and demand. An increase in the price of the goods causes an increase in supply—the number of goods the producers make. Producers will make more goods when they can get higher prices for the goods. The producer makes more shoes as the price of shoes goes up. At the same time, an increase in the price of the goods causes a decrease in demand—the number of goods the consumers buy. This is because people buy less when the price is high. People buy fewer shoes as the price of shoes goes up. Conversely, a decrease in the price causes an increase in demand(people buy more shoes)and a decrease in supply(producers make fewer shoes).
Business firms look at both supply and demand when they make decisions about prices and production. They look for the equilibrium point where supply equals demand. At this point, the number of shoes produced is 3 000 and the price of the shoes is $ 30. $ 30 is the equilibrium price: at this price the consumers will buy all of the 3 000 shoes which the producers make. If the producers increase the price of the shoes, or if they produce more than 3 000 shoes, the consumers will not buy all of the shoes. The producers will have a surplus(过剩)—more supply than demand—so they must decrease the price in order to sell all of the shoes. On the other hand, if they make fewer than 3 000 shoes, there will be a shoes shortage—more demand than supply—and the price will go up.
According to the Law of Supply and Demand, the equilibrium price is the best price for the goods. The consumers and the producers will agree on this price because it is the only price that helps them both equally. [br] What do business firms look at when they make decisions about prices and production?
选项
A、The highest price.
B、The lowest price.
C、The income level of customers.
D、The supply and demand.
答案
D
解析
由第三段第一、二句可知,商家在制订价格时要考虑市场的供求因素,另外他们要寻求一个能够使供求平衡的平衡点。
转载请注明原文地址:https://tihaiku.com/zcyy/3703488.html
相关试题推荐
Technologychangesthewaypeoplelive.Thisarticleisaboutusingthought
Technologychangesthewaypeoplelive.Thisarticleisaboutusingthought
Cricket,althoughlovedbymillionsofpeople,isnotoneoftheeasiestspo
Cricket,althoughlovedbymillionsofpeople,isnotoneoftheeasiestspo
Cricket,althoughlovedbymillionsofpeople,isnotoneoftheeasiestspo
Cricket,althoughlovedbymillionsofpeople,isnotoneoftheeasiestspo
Cricket,althoughlovedbymillionsofpeople,isnotoneoftheeasiestspo
Cricket,althoughlovedbymillionsofpeople,isnotoneoftheeasiestspo
Cricket,althoughlovedbymillionsofpeople,isnotoneoftheeasiestspo
Cricket,althoughlovedbymillionsofpeople,isnotoneoftheeasiestspo
随机试题
Youarerequiredtowritealetterofrecommendationaccordingtothefollowing
Muchattentionispresentlybeinggiventowhatistermed"functionalillite
C
某检测中心进行热轧带肋钢筋拉伸的委托检测项目,用户委托的热轧带肋钢筋试样技术参数
以下关于股份公司股份转让的说法正确的有( )A.发起人在公司设立3年不得转让所
金融工具具有()的特点。A.收益性 B.参与性 C.永久性
黄芩A.清热解毒,疏散风热,消痈散结,利尿B.治疗热病伤津口渴,内热消渴C.治疗
既能活血,又能补血,同时又具有舒筋活络之功,用于治疗风湿痹痛、肢体麻木、半身不遂
下列储存物品的火灾危险性属于戊类的是()。A.膨胀珍珠岩 B.谷物 C.人
患者女性,60岁舌左侧缘中部溃烂5个月,约2.3cm×1.5cm×0.5cm大小
最新回复
(
0
)