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In the past few years donuts has greatly increased this increase in demand might best be explained by?
Wiki User
∙ 11y ago
It is easily explained by the tears. Tears make it hard to see and so counting the donuts is possibly inaccurate. So actually they may not have increased at all it could be a kind of mirage produced by the tears.
Wiki User
∙ 11y ago
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if goods are used together, increased demandfor one will increase demand for the other
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increased demand for oxygen
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What increase has the demand for services seen in recent times?
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Demand pull inflation is where the demand for an item has increased to a point where the price is increased, to reach an new equilibrium on a supply demand diagram. For example, if there is a toy many children want for christmas, sellers may increase the price. Cost push inflation is where the price must be increased because the costs of making the product or service has increased, for example, if there was a new tax on raw material A, any products which use this raw material will have their price increased relative to the tax increase.
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If a small percentage increase in the price of a good greatly reduces the quantity demanded for that good the demand for that good is?
price inelastic
