Oh come on think. A change in population = change in needs, tastes or income and thus the type of clothing demanded. If you all of a sudden have tons of old people in the population, tank-tops probably won't sell as well as they did beofore.
Increases in the stock of capital will cause which of the following?The demand of labor increases.The demand of labor decreases.Selected answer No change in the demand of labor.First increase then decrease the demand of labor
Determinants of demand which are sometime also called as demand shifters is a number of factors that when they change they will cause the demand curve to shift.
Supply is the main force that affects the demand curve to change in the economy or in a certain market.
Change in market price will cause movement along the demand curve.
True
Determinants of demand which are sometime also called as demand shifters is a number of factors that when they change they will cause the demand curve to shift.
Increases in the stock of capital will cause which of the following?The demand of labor increases.The demand of labor decreases.Selected answer No change in the demand of labor.First increase then decrease the demand of labor
Supply is the main force that affects the demand curve to change in the economy or in a certain market.
Change in market price will cause movement along the demand curve.
True
True
No, an increase in supply without a change in demand will cause the price to fall.
Price
A change in the price of a substitute good
when price changes it is called inelastic demand and when quantity of demand change that is called elastic of demand.
Ecosystems
A decrease in the price of mopeds.