When does CMA 1293 1-29 price tend to fall in competitive markets?

Question

A - Increase in demand for the product.
B - Decrease in quantity demanded of the product.
C - Decline in available labor.
D - Increase in interest rates.

Abanoub Emil Matta متى · Answer

Decrease in quantity demanded of the product ......
when there's a competitive market ,the demand and supply are defined by the movements of variable elements of that market , so upon the direction of demand and supply price varies

Khaled Abdelrehim ACCA DipIFR CMA · Answer

B - Decrease in quantity demanded of the product.

Khaled Mohee Eldeen Abbas Mahmoud · Answer

B - Decrease in quantity demanded of the product.

ali shibib · Answer

b- decrease in quantity demanded and all other answers will increase the price

Subhranshu Ganguly · Answer

In a compitative market there is a presence of many competitors. The equilibrium of their suplies and demand in the market dictates the price. Price and demand are directly related. So when demand tends to fall the competitors to grab alarger share of the market would reduce the price.

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When does CMA 1293 1-29 price tend to fall in competitive markets?

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