Qualification > Commerce
Business helpppp :(
Rozalin:
What should firms supply?
The relationship between price and supply
MaNi_DaDuDe:
This should be really helpful:
http://en.wikipedia.org/wiki/Supply_and_demand
http://www.basiceconomics.info/supply-and-demand.php
http://www.computer.org/portal/web/csdl/doi/10.1109/ICICIC.2008.568
Saladin:
Mani, for the Love of Allah, give a direct answer. If you don't have the time to do so, then dont answer. Do not answer if you are not a student of this subject.
Answer to the Q:
You will wan to sell a product when the selling price for it will be high right?
The thing is that Businesses will always want to make a profit, so selling a product at a high price is more profitable.
So when the price will increase the supply will increase and vice versa.
I believe this will answer your question.
Alpha:
Rozalin, do check the sites Mani gave... Esp. the part on "Elasticity" in wikipedia... They are very resourceful...
If still, you do not understand, let us know...;)
Mani, thank you... Though you do not study Business, you did make provision in case all the members here were busy.... That's a sign of maturity... :)
MaNi_DaDuDe:
--- Quote from: ~Alpha on January 01, 2010, 03:14:26 pm ---Rozalin, do check the sites Mani gave... Esp. the part on "Elasticity" in wikipedia... They are very resourceful...
If still, you do not understand, let us know...;)
Mani, thank you... Though you do not study Business, you did make provision in case all the members here were busy.... That's a sign of maturity... :)
--- End quote ---
Yeah thanks, that was the point of my post.
I am just tryna help the way I can. That's my job.
Thanks Alpha :) - at least you understand.
[[EDIT]]: @Rozalin - Thanks for the +rep. Hope you cleared your doubt. :D (nvm, that was for your Bio Questions - just remembered).
--- Quote from: The Dude 321 on December 31, 2009, 06:13:55 pm ---Mani, for the Love of Allah, give a direct answer. If you don't have the time to do so, then dont answer. Do not answer if you are not a student of this subject.
--- End quote ---
I take out precious time to actually google efficiently and find whatever I think is most relevant. I feel it is my duty. That is why I do not say "THIS IS THE ANSWER". I just say check this out, maybe this will clear your doubt.
However, I guess you are right. I do not expertise in Business or whatever.
Anyway. . .
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