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When a company produces a small quantity of a product and a large number of people want to purchase the product what is true?
Wiki User
∙ 8y ago
Supply is low, demand is high, and the product is priced high.
Wiki User
∙ 8y ago
Wiki User
∙ 10y agoPeople will buy the product from other companies that make it and the company in the question will probably go bust.
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When a company produces a large quantity of a product but not many people purchase the product is true?
When a company produces a large quantity of a product but not many people purchase the product the supply is high, demand is low, and the product is priced low.
What happens when a company produces a small quantity of a product and a large number of people want to purchase the product?
When a company produces a small quantity of a product and a large number of people want to purchase the product, the demand will cause the price of the product to go up.
When a company produces a small quantity of a product and a large number of people want to purchase the product what happens?
When a company produces a small quantity of a product and a large number of people want to purchase the product, the demand will cause the price of the product to go up.
When a company produces a small quantity of product and a large number of people want to purchase the product what is true?
Supply is low, demand is high, and the product is priced high.
When a company produces a small quantity of a product and a large number of people want to purchase the product, which of the following is true?
Supply is low, demand is high, and the product is priced high.
When a company produces a small quantity of a product and a large number of people want to purchase the product is true?
Supply is low, demand is high, and the product is priced high. What is the point in learning the crap?
What is the price at which consumers will purchase the same quantity of a product that suppliers will produce?
The equilibrium price is the price at which consumers will purchase the same quantity of a product that suppliers will produce.
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The likelihood that a consumer will buy a particular product resulting from the interaction of his or her need for it, attitude towards it and perceptions of it and of the company which produces it.
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A quantity-pricing strategy provides lower prices to consumers who purchase larger quantities of a product.
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