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What are people buying now the most or what goods or services have the most demand at the moment?
Gblue
electronics
Wiki User
∙ 11y ago
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How do people demand goods and services?
When economists refer to the demand for goods and services, what they mean is, what goods and services are people buying. People demand things by buying them. If you demand to have things given to your for free, that is politics rather than economics.
Which best describes one of the ways that demographics of an area affect the price of housing in the area?
An area with younger people will have a higher demand for rentals and a lower demand for buying
Why do people demand money?
to buy goods and services
What is represented by a shift in the demand curve?
A shift in the demand curve shows either an increase or a decrease in demand. If more people suddenly start buying an item, their demand for it increases and the curve will shift. Likewise, if people stop buying a product the curve will also shift, but in the opposite direction.
How do people use currency to provide for goods and services?
People use currency to provide goods and services by spending and buying
What is demand side?
When the price changes, we call the resulting change in buying plan a Change in the quantity of demand. On the other hand, Change in demand is a change in the quantity that people plan to buy when any influence on buying plans other than the price of good changes.
One of the ways that the demographics of an area affect the price of housing in that area?
An area with younger people will have a higher demand for rentals and a lower demand for buying.
What role do you think education needs to play and lowering the demand for ivory?
The only way the demand for ivory can be lowered is to stop the poaching and people buying it.
What factors affect elastic of demand?
There are plenty of factors affecting elasticity of demand including climate of the area. Other factors that effect elasticity of demand include supply and group of people buying.
What describes one of the ways that the demographic of an area affect the price of housing in that area?
An area with younger people will have a higher demand for rentals and a lower demand for buying.
How can consumers influence or affect the price of goods or services?
supply and demand. If more people want it, it is in greater demand thus the price is more; if less people want it, the opposite is true.
How do you provide a service to a diverse range of people?
Providing services to a diverse range of people is a growing demand. Recognize each cultural difference and deliver services in respect of these differences.
