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When demand is greater than supply a supply shortage or scarcity arises and prices increase.
heak no
They rise. Supply & demand.
The price declines until demand increases.
Basically, when there is greater responsibility or demand in your job, your salary should be higher. They are parallel but also depends on the position that you are in
Variable
the more it worth
When supply is greater than demand
The data on a demand schedule can be plotted on a demand curve. Often, a demand schedule will be created before the creation of a demand curve, so as to allow for greater accuracy when plotting the demand curve.
If the demand for money is greater than the supply, interest rates will go up.Whenever the demand for anything is greater than the available supply, the price goes up.
The price and quantity are generally determined by the demand for the products, e.g the desire by consumers to purchase them. Generally, the greater the demand, the higher the price, and the greater the quantity that will be produced for sale.
There is very little demand for anything these days, especially at entry level, and especially in teaching.