It creates a block of ice
High Demand Lowers QuantityLow Demand increases price and quantity
Yes the have high standards
Oslo is considered expensive due to a combination of high living costs, elevated wages, and a strong economy. The city has a high demand for housing, which drives up real estate prices, while taxes and living expenses, such as food and transportation, are also relatively high. Additionally, Norway's wealth from its oil resources contributes to higher standards of living, further increasing costs for residents.
A) sell to countries with high standards of living.
Oil exports can pay for the standard of living increases.
The condition of having a resource-based economy, coupled with high living standards.
A big effect was the high standard of living
Well because the economy
most of it is, high educations, good health care, strong living standards.
A psychological phenomenon whereby people do something primarily because other people are doing it, regardless of their own beliefs, which they may ignore or override. The bandwagon effect has wide implications, but is commonly seen in politics and consumer behavior is BANDWAGON effect where as Situation where the demand for a product by a high income segment varies inversely with its demand by the lower income segment.is SNOB EFFECT
The Price of the gasoline with increase : D
it will be in high demand