i dont knw
Derived demand occurs when there is a change of customers' demand on particular product and produces have to buy new production equipment, which means that the change in consumer demand for a product affects demand for all firms involved in the production of that product. Joint demand has nothing to do with changing the production equipments. In this case, demand of the product depends on demand of its compliment. For example, demand on inc depends on demand on printers.
It depends on whether electricity is necessity or luxury. In the US where electricity is a necessity, the demand is likely to be inelastic In Africa where electricity is luxury, the demand is likely to be elastic
Change in: production costs; production environment; price of related good; law; labour demand/price.
Aggressive demand is the storage, production and demand trends. This will influence the price of gas when winter is in.
Production rate means that the rate at which production is carried. While demand is a quantity which a consumer is willing to buy at a specific price in a given period of time.
The "Grid" is the network of wires, tranformers, and switches that supply electricity to very large areas. By switching current, it can be taken from areas with high production and low demand, and supplied to areas with low production and high demand. Both production and demand change by time of day in different areas.
Derived demand occurs when there is a change of customers' demand on particular product and produces have to buy new production equipment, which means that the change in consumer demand for a product affects demand for all firms involved in the production of that product. Joint demand has nothing to do with changing the production equipments. In this case, demand of the product depends on demand of its compliment. For example, demand on inc depends on demand on printers.
Electricity powered homes and factories. How did electricity change Americans' lives?
Electricity powered homes and factories. How did electricity change Americans' lives?
It depends on whether electricity is necessity or luxury. In the US where electricity is a necessity, the demand is likely to be inelastic In Africa where electricity is luxury, the demand is likely to be elastic
and extremely diffficult cultural change due to enforced idleness when demand falls below production capacity
The second change was an increased demand for services. The growth in demand for services--and resulting production--continues to increase at a faster rate than the demand for manufactured goods.
Change in: production costs; production environment; price of related good; law; labour demand/price.
Electricity powered homes and factories. How did electricity change Americans' lives?
it makes coal so we can use as electricity.
The main factor influencing production is consumer demand.
no that's imposible