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Demand is more than supply

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Q: Why is the price of lamb so high?
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What is the price of lamb per pound?

¥1


Why was Jesus death on the cross necessary?

Because death was the price of a sin it was a offering , they sacrificed a perfect spotless lamb and Jesus was a sinless spotless lamb and He took our punishment and bore the cross so through him we may live!


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The price can only be so high. If it gets too high, people are not going to purchase the product, no matter what it is.


How does Ghana's King keep the price of gold high?

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How has the price of lamb changed?

In just one year the price of lamb per head fell from $100 to $45. Prices rose in 1996 to $86.50 per head, yet they have fluctuated greatly in the past decade.


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Why did the price of cotton drop after 1865?

The price of cotton was kept so high in the years before 1860 because it was a very desired items. Owners knew this, so they would price it very high, and the people who really wanted it, would pay.


The relationship between the value of money and the price level?

There is an inverse relationship between value of money and the price level. So if the value of money is low, then the price level is high or if the value of money is high, then the price level is low.