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What else can I help you with?
Is there a demand for baseball players?
YES
How do price and quantity supplied affect who played in the NBA?
Price and quantity supplied in the context of the NBA can influence the quality and quantity of talent in the league. Higher salaries (prices) attract more skilled players, as they seek lucrative contracts, which increases the overall talent pool. Conversely, if the supply of talented players exceeds demand, salaries may decrease, potentially leading to a decline in the talent level as players seek opportunities elsewhere. Ultimately, the balance of price and quantity supplied shapes the competitive landscape of the league.
Why do salaries for the same work differ throughtout a country and in other countries?
the law of supply and demand dicate different salaries
How the increase in expansion affect the demand?
Increase in expansion affect the demand because more supply/expansion with constant demand will lead to excess in expansion which affect the demand.
How much do baseball players get paid?
In a free economy all prices are set by the interaction of supply and demand. This is as true for salaries in sports as it is anywhere. Sports fans demand to see the best players. The best players, by definition since they are the "best," are in very short supply.A question that can't really be answered. Why does anyone earn the wage they do? Because that's how much the company can afford to pay you and still make a profit.
How does an increase in a products price affect demand for the demand for the product's complements?
It can affect demand because of individual low income earner.
Why do countries have different minimum salary and wages?
The laws supply and demand dictate different salaries.
Why are football players expensive?
They demand the money.
What is aggregate demand and what are the factors that affect aggregate demand?
nothing
Why interest rate has no affect on the aggregate demand?
The interest rate does affect aggregate demand. As the interest rate falls, aggregate demand increases and vice-versa.
List the factors that affect demand and explain only three?
demand
What are the causes of imflation?
The causes of inflation include the rise in the supply and demand of a product or service and an increase in wages/salaries.
