Here is the synopsis of our sample research paper on THE POSITIVE DEMAND CURVE. Have the paper e-mailed to you 24/7/365.
Essay / Research Paper Abstract
This 4-page paper attempts to assess the idea of a positive demand curve for certain products and services. Examples used include diamonds and luxury cars. Bibliography lists 3 sources.
Page Count:
4 pages (~225 words per page)
File: D0_MTupwdem.rtf
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Unformatted sample text from the term paper:
means too little demand and vice versa. By the same token, lower prices help stimulate demand, while higher prices help reduce it. Because demand is so linked to price, it
is mainly pictured in graphs as a "negative slope," as it rises and falls with prices. Yet not all increase in demand
is linked to falling prices. In some cases, demand can have a positive slope - in other words, demand for a particular god or service can rise as the price
for that good or service increases. While this may seem somewhat counter to the standard theory of price demand, there are several
factors behind a product exhibiting a positive slope demand curve. For one thing, if a product or service is linked to a
consumers status (and that status is one of wealth), the consumer doesnt mind paying higher prices. In fact, he or she would be concerned if the price was lower (Corneo
and Olivier 1994). This is why many arts companies can get away with raising the prices of the so-called "gold circle" seating - because they know that to theater-goers or
opera-goers, the tickets arent so much to see the show as they are to demonstrate their wealth. If the auditorium is built right, almost every seat in the house is
a good seat - and its interesting to note that the box seats (which tend to be high priced) are not necessarily the ones that are best placed for viewing
action on the stage. The same holds true for cars. Lexus and Toyota are pretty much the same manufacturer, with the Toyota
...