2007-04-11 08:42:09 · 2 answers · asked by Anonymous in Business & Finance ➔ Advertising & Marketing ➔ Search Engine Optimization
To answer your question, think of it in the opposite terms - if you bought 2 for a set price, but the third would cost double - would the demand change? The other end - what suitable alternative good (substitute) is out there - does it cost less, or if it was on sale, would you buy it instead? This is in essence supply increasing, which lowers the price and in turn, to the stores hope, increases demand.
2007-04-13 16:17:48 · answer #1 · answered by bonsai67 3 · 0⤊ 0⤋
No - yet returned in the forties we used to purchase penny currant buns, on a thank you to universal college, and at my Grammar college in the early 50's breaktime, to bypass with our unfastened a million/3 pint of milk, they have been 3 ha-pence. That replaced into value fee from the bakery next to the college. a school dinner replaced into six pence. bear in mind that my husband in 1960 replaced right into a Metallurgical graduate - deputy Head of section in the airplane industry replaced into incomes £15 p.w. gross, his take-abode pay replaced into £12. 10s. 0d. and my abode projects invoice for us and infant replaced into £3 each week. a million new pence = 2.5 previous pence.
2016-10-28 10:59:35 · answer #2 · answered by labounty 4 · 0⤊ 0⤋