What happens to the market equilibrium if, while the market is in equilibrium, there is a sharp increase in the substitute price of the relevant good as oil prices decrease? (Effect of oil prices>increase in price of substitute goods)

Name: Solved: What happens to the market equilibrium if, while the market is in equilibrium, there is a sharp increase in the substitute price of the relevant good as oil prices decrease? (Effect of oil prices>increase in price of substitute goods) - MathMaster
Brand: MathMaster
Rating: 4.9 (254 reviews)

254

likes

1268 views

Answer to a math question What happens to the market equilibrium if, while the market is in equilibrium, there is a sharp increase in the substitute price of the relevant good as oil prices decrease? (Effect of oil prices>increase in price of substitute goods)

$Expert avatar$

Santino

4.5

112 Answers

Petrol fiyatları düşerken ilgili bir malın ikame fiyatında keskin bir artış olması, muhtemelen ilgili malın talep eğrisinde bir kaymaya yol açacaktır. Piyasa dengesi şu şekilde etkilenebilir: İkame Fiyatının Artması: İkame malın fiyatı arttıkça tüketiciler onu daha az çekici bulabilir ve onun yerine ilgili malı tercih edebilir. Bu durum ilgili mala olan talebin artmasına yol açacaktır. Talep Eğrisinde Kayma: İlgili mala olan talebin artmasıyla talep eğrisi sağa kayar. Bunun nedeni, herhangi bir fiyat seviyesinde tüketicilerin artık ilgili maldan daha fazlasını satın almaya istekli olmalarıdır. Piyasa Dengesi: Talep eğrisindeki kayma, arz eğrisiyle yeni bir denge noktasında kesişecektir. Bu yeni denge noktası tipik olarak ilgili mal için daha yüksek bir denge miktarına ve daha yüksek bir denge fiyatına yol açacaktır. Üreticiler Üzerindeki Etki: İlgili malın üreticileri, ürünleri için hem satılan miktarda hem de alınan fiyatta bir artış yaşayacak ve bu da daha yüksek gelirlere yol açacaktır. Tüketiciler Üzerindeki Etki: İlgili malın tüketicileri daha yüksek fiyatlarla karşı karşıya kalacak ve potansiyel olarak diğer mal ve hizmetler için satın alma güçleri azalacaktır.

Frequently asked questions (FAQs)

What is the angle measure in degrees given that the opposite side length is 5 and the adjacent side length is 12?

What is the maximum number of possible x-intercepts for the cubic function f(x) = x^3?

What is the measure of angle A in a triangle with side lengths a = 8, b = 12, and c = 15, using the sine law?

New questions in Mathematics

𝑦 = ( 𝑥2 − 3) (𝑥3 + 2 𝑥 + 1)

The sum of an infinite geometric series is 13,5 The sum of the same series, calculated from the third term is 1,5. Q. Calculate r if r>0.

the value of sin 178°58'

A consulting company charges a fee of $50 per hour for consulting. If their monthly fixed costs are $1,000 and they want to make a monthly profit of $2,500, how many consulting hours should they bill per month?

7273736363-8

Suppose X has a Poisson distribution, with a mean of 0.4. Determine the probability that x is at most 2.

9b^2-6b-5

calculate the normal vector of line y = -0.75x + 3

determine the polynomial F of degree 2 that interpolates. f at points (0;1) (2;5) (4;6). calculate F(0.8). Note: Using the polynomial expression with difference operator.

Determine the reduced form of the slope equation equal to 2

3%2B2

A company has had the following data for two consecutive years. Total, asset item 3,100,500 euros 3,300,550 euros. Net amount of business figures 4,755,250 euros /5,100 euros Average number of workers employed during the year 64/70 You can present a balance sheet in an abbreviated form

Find the equation of a straight line that has slope 3 and passes through the point of (1, 7) . Write the equation of the line in general forms

Gender and communication : Answer the question ( 1 paragraph is ok) . Please can you write about women? Compared to your other identities, how much of a role does gender play in your life? And has your own sex/gender offered you privileges or disadvantages? How so?

Cuboid containers (open at the top) should be examined with regard to their volume. The figure below shows a network of such containers (x ∈ Df). Determine a function ƒ (assignment rule and definition area D) that describes the volume of these containers and calculate the volume of such a container if the content of the base area is 16 dm². Show that this function f has neither a local maximum nor a global maximum

Evaluate ab+dc if a=56 , b=−34 , c=0.4 , and d=12 . Write in simplest form.

2x-4=8

The inner radius of a spherical ball is 13 cm. How many liters of air are in it? Justify your answer!

Write an equation of the affine function whose graph is perpendicular to the graph of f(x) = 5x − 1 and passes through the point (5, 20).

A plant found at the bottom of a lake doubles in size every 10 days. Yeah It is known that in 300 days it has covered the entire lake, indicate how many days it will take to cover the entire lake four similar plants.

What happens to the market equilibrium if, while the market is in equilibrium, there is a sharp increase in the substitute price of the relevant good as oil prices decrease? (Effect of oil prices>increase in price of substitute goods)

Answer to a math question What happens to the market equilibrium if, while the market is in equilibrium, there is a sharp increase in the substitute price of the relevant good as oil prices decrease? (Effect of oil prices>increase in price of substitute goods)

You might be interested in