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Over time, less people want a certain product. Demand decreases.
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∙ 14y ago
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When a company decides to switch from the double-declining method to straight-line method this change should be handled as a?
change in accounting principle.
How is the straight line depreciation method different from declining balance method?
Under straight line depreciation, fixed amount of depreciation is charged to every year while in declining balance method depreciation percentage remains same but depreciation is charged on remaining balance of asset due to which the amount of depreciation is different in every year.
What is the meaning of existential theory?
Does this question even demand an answer or is it enough that the Question is ASKED?
What are the approaches to educational planning?
Man Power. Social Demand. Rate Of Return
What is the difference between elastic demand and inelastic demand?
Elastic demand is essentially when something it a luxury, hence it can become less when price increases eg. that last piece of choc cake that you would normally buy, you decide not to, whereas the inelastic demand generally refers to a product/service that is essential or a necessity so as the price increases the consumption should remain the same regardless of price increase. for instance you need a loaf of bread, your going to buy it regardless of increase. there is the process of substitution, by which the inelastic demand could be switched to a cheaper brand, so say you want beans for your bread, you opt for the half price 10p special rather than your usual choice of heinz's best recipe. Hope this helps!
What are Examples of product that has a Declining demand?
radio
Different states of demand?
Negative demand No demand Latent demand Declining demand Irregular demand Full demand Overfull demand Unwholesome demand
How do you explain What are the types of demand?
Negative demand nonexistent demand latent demand declining demand Irregular demand full demand overfull demand unwholesome demand
Best example of declining demand of product?
Packaged drinking water. People have begun to prefer tap water as it is more environment friendly
How do you explain remarketing?
all kinds of objects, services, places, activities organizations and ideas eventually experience FALTERING DEMAND or DECLINING DEMAND.
What is declining demand?
at the end of summer
Is the fish population inclining or declining?
Because of increased fishing demand, people are taking fish faster than the fish can reproduce meaning that fish species are declining and someday might be extinct.
Is the tertiary sector declining?
no, the tertiary sector is certainly not declining, in fact, it is growing at a great rate due to the higher demands for goods, therefore, tertiary sectors need to provide my services to secure this demand. :)
What is example of full demand?
current demand of mobile phone set can be an example of Full demand.
Example of law of demand?
marketing is a great example of law of demand
What is the example of remarketing?
Starting a new cycle for a declining product or service.
What is declining seriously?
Declining seriously means falling fast. Example: Retailers report that this year's Christmas/Holiday profits have declined seriously compared to last year.
