MathMaster logo

MathMaster

  1. Home
  2. general
  3. what happens to the market equilibrium if while the market is in equilibrium there is a sharp increase in the substitute p
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)

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 product of 12 and 34?
+
Question: What is the derivative of y = 3x^2 - 7x + 4?
+
What is the vertex of the parabola represented by the function 𝑦 = −2𝑥^2 + 3𝑥 + 4?
+
New questions in Mathematics
1 + 1
Eight acts are scheduled to perform in a variety show how many different ways are there to schedule their appearances show your work
Y=-x^2-8x-15 X=-7
Calculate the equation of the tangent line ay=sin(x) cos⁡(x)en x=π/2
3(4x-1)-2(x+3)=7(x-1)+2
(5-(4-3)*3)-(8+5))
What’s 20% of 125?
Credit title that represents a payment order. This model, which emerged in Brazil, can only be issued in two specific situations: in the purchase and sale of commercial products or in the provision of services. Select the correct alternative: Question 6Answer The. Present value B. Promissory note w. Present value d. Duplicate It is. Bill of exchange
During a fishing trip Alex notices that the height h of the tide (in metres) is given by h=1−(1/2)*cos(πt/6) where t is measued in hours from the start of the trip. (a) Enter the exact value of h at the start of the trip in the box below.
It is known that the content of milk that is actually in a bag distributes normally with an average of 900 grams and variance 25 square grams. Suppose that the cost in pesos of a bag of milk is given by 𝐶(𝑥) = { 3800 𝑠𝑖 𝑥 ≤ 890 4500 𝑠𝑖 𝑥 > 890 Find the expected cost.
Convert 5/9 to a decimal
Which of the methods below can be used to workout 95% of an amount? a. Dividing the amount 100 and multiply by 95 b. Working out 5% of the amount and taking it away from the full amount c. Dividing 95 by 100 and multiplying the answer by the amount d. Dividing the amount by 95 and then multiply by 100
At the dance there are 150 boys the rest are girls. If 65% are girls what is the total amount in the room
Find the minimum value of the function y = -4 x3 + 60 x2 -252 x + 8 for values of x between x = 0 and x = 9 Enter the value of the function, not the value of x
16.What payment (deposit) made at the end of each month will accumulate to $10473 in 13 years at 7.9% compounded monthly? Enter to the nearest cent (two decimals). Do not use $ signs or commas in the answer.
A natural gas company has a fixed rate of 1,320 pesos plus 1,590 pesos per cubic meter of gas consumed monthly per customer. Indicate the cost function to determine the value in pesos of the cubic meters of gas consumed in a month per customer. How much did a customer who consumed 18 cubic meters of gas pay? If a customer paid 34,710 pesos, how many cubic meters of gas did he consume?
The blood types of individuals in society are as follows: A: 30%, B: 25%, AB: 20%, 0: 25%. It is known that the rates of contracting a certain disease according to blood groups are as follows: A: 7%, B: 6%, AB: 7%, 0: 4%. Accordingly, if a person selected by chance is known to have this disease, what is the probability of having blood group O?
Square root of 169 with steps
y’’ -4y’ +4y = (12x^2 -6x)e^2x Y(0)= 1 Y’(0)=0 Y(x)=c1y1+c2y2+yp
An invoice for €2,880 plus default interest of €48.40 was paid on October 28th. Interest rate 5.5%. When was the bill due?

You might be interested in