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Explain why the law of demand can apply only in a free market?
Because the free market is the entity that in itself dictates the law of supply and demand. If the purchasing public has a high demand for a product, then more of that product is produced. Conversely, if there is only a low demand for a product, less of that product is produced.
What is public demand?
Public demand is the demand placed on something by the public. It may be a product, a new law, or almost anything, and is the level to which the public does or does not want something.
What is the definition of 'equity market'?
In relation to stock-exchange, an equity market refers to a public entity through which company shares (or stock) is bought and sold depending on the basic economic principle of supply and demand.
When does market failure occur?
Market failure occurs when the resource allocation decision is not made according to the laws of supply and demand as the allocation decisions are not in the best interests of a certain party. Eg. Public Goods such as roads, benches, parks etc. Is a market failure because these items are in high demand but no one is willing to supply them as no profit can be made from these goods.
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.
Discuss two main factors that might influence the market price of a public listed company share?
market force and company's 'value'.
Explain why the law of demand can apply only in a free market?
Because the free market is the entity that in itself dictates the law of supply and demand. If the purchasing public has a high demand for a product, then more of that product is produced. Conversely, if there is only a low demand for a product, less of that product is produced.
What is public demand?
Public demand is the demand placed on something by the public. It may be a product, a new law, or almost anything, and is the level to which the public does or does not want something.
What is a public consumer?
A public consumer refers to individuals or groups who purchase goods and services for personal use rather than for business purposes. They play a crucial role in the economy by driving demand and influencing market trends. Public consumers can include anyone from everyday shoppers to government entities procuring services for public use. Their purchasing decisions are often influenced by factors such as price, quality, and social responsibility.
What is the definition of 'equity market'?
In relation to stock-exchange, an equity market refers to a public entity through which company shares (or stock) is bought and sold depending on the basic economic principle of supply and demand.
Does the media have an influence on the law?
Yes, the media can influence the law by shaping public opinion and putting pressure on policymakers. Media coverage can highlight issues, mobilize public support, and impact legislative decisions and court rulings. However, the extent of this influence can vary depending on factors such as the nature of the issue, public sentiment, and political dynamics.
What is a public market transaction?
A public market transaction is a transaction that is made in an organized market.
What factors influence the public sector?
Public administration is the implementation of government policy for social works. Therefore, factors that influence public administration might include new social programs, such as the implementation of universal healthcare, or expansion of existing social programs, such as lowering the eligibility requirements for a welfare program.
When does market failure occur?
Market failure occurs when the resource allocation decision is not made according to the laws of supply and demand as the allocation decisions are not in the best interests of a certain party. Eg. Public Goods such as roads, benches, parks etc. Is a market failure because these items are in high demand but no one is willing to supply them as no profit can be made from these goods.
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 can decrease demand for peanut butter?
A decrease in demand for a product - including peanut butter, but for any food - can be caused by a surplus of product on the market, recalls or health problems that lower the public perception of the product, increase in food allergies against the product, or a newer/better product being introduced into the market.
What are the public policy making factors?
Public policy making factors include political ideologies, public opinion, expert advice, economic constraints, institutional arrangements, and societal values. These factors influence the decision-making process and shape the policies that are developed and implemented by governments.
