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How do consumers drive the food industry?
People continually need more food due to the growing populaton. This increases the demand for food. Now the food industry either stays at the same level of supply, increasing prices, or they increase the supply to accommodate for the increasing demand. So consumers drive the food industry by needing more food.
What are the problems of people when the population is many?
lack of food lack of housing higher prices due to increase demand more poverty
Is there a stable demand for agri supply?
Yes there is a very stable demand for agri supply. As the population increases more food is needed and more supplies in which too make the food.
What is a good that consumers will demand more of when their income increase?
food
What are some reasons why prices rise?
Prices generally are the result of the combined effect of supply and demand. Scarcity causes prices to rise, since there is more competition to obtain scarce items, and demand causes prices to rise, since people will be willing to pay more for something they strongly want.
What the cause of demand pull inflation?
Consumers want more and more goods and services. Stronger consumer demand for goods with a limited or fixed supply. A price level increase due to an increase in aggregate demand.
Is it right to say due to insisting public demand?
The phrase "due to insisting public demand" is somewhat awkward and not commonly used in English. A more suitable expression would be "due to strong public demand" or "because of persistent public demand." These alternatives convey the idea that there is significant pressure or desire from the public for something.
What will the demand for food to feed the world's population do?
The demand for food to feed the world's population is going to increase. As more people are brought into the world, and people are living longer, the need for food increases. Yet, there is less land to grow food.
What two things make a product have value?
The principle of "supply and demand". If the supply of a product is higher than the demand, the product is worth less due to its availability. Conversely, if the demand exceeds the supply, then the products is worth more due to its rarity.
Why is there increasing food price inflation situation in India?
Inflation is a market situation when the price of a commodity increase due to the economic laws of demand and supply. There are numerous determinants for inflation. Some of the reasons for such a situation could be increase in population ,more demand of food, less productivity of food crop, export of food crop, hoarding by marketeers, devaluation of Rupee , government policies including the monetary & fiscal policies.
What is the demand and supply gap of paper cups and paper bags?
Demand is high due to more awareness being created on the pollution. Supply to be studied
Why is food production increasing because of world population increase?
Food production is increasing due to the growing world population as more food is needed to feed more people. To meet the demand, advancements in agriculture technology, increased use of fertilizers and pesticides, and expansion of agricultural land are taking place. However, this increase in food production comes with challenges such as environmental degradation and resource depletion.
