Change in: production costs; production environment; price of related good; law; labour demand/price.
if the price of the realted good increase the producers will find it more profitable to produce them and they will shift their production to that commodity . thus as a result the supply of the good in the question will decrease .
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.
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.
Aggressive demand is the storage, production and demand trends. This will influence the price of gas when winter is in.
Change in: production costs; production environment; price of related good; law; labour demand/price.
if the price of the realted good increase the producers will find it more profitable to produce them and they will shift their production to that commodity . thus as a result the supply of the good in the question will decrease .
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.
The main factor influencing production is consumer demand.
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.
Derived demand results from a demand for increase in intermediates goods or production resulting from another demand resulting for final or intermediate goods. For example, a demand for an item can make its production increase, which makes its labor increase.
Future price is not related to current demand
Law of demand is the reason of the downward sloping of demand curve.Law of demand states the inverse relationship of demand of a commodity and it's price,and demand curve represents this inverse relationship of demand and price.So in this way they both are related.
Law of demand is the reason of the downward sloping of demand curve.Law of demand states the inverse relationship of demand of a commodity and it's price,and demand curve represents this inverse relationship of demand and price.So in this way they both are related.
in demand and proudction
i dont knw