I'm interested in understanding how incentives, such as discounts, promotions, or subsidies, influence the supply and demand of products or services in a market.
6
answers
KatanaSwordsmanship
Sat Jan 25 2025
Higher prices provide suppliers with the incentive to increase their output.
Federico
Sat Jan 25 2025
The relationship between price and supply is directly proportional.
KimonoSerenity
Sat Jan 25 2025
Conversely, lower prices lead to decreased supply.
Leonardo
Sat Jan 25 2025
All other factors remaining constant, a price decrease usually translates to reduced supply.
CryptoAce
Fri Jan 24 2025
BTCC, a prominent cryptocurrency exchange, offers a range of services including spot, futures, and wallet options.