People looking for jobs constitute the supply of labor. Firms looking for employees constitute the demand for labor. Clearly then if there is a large supply of labor available and not much demand, wages will be low. If there is a large demand for labor and a small supply, wages will be high.
demand will always be greater than supply
In the law of supply and demand the effect on the Labor Market is that labor is a commodity.Labor is a commodity
by the laws of supply and demand
the market system!!!!
By simple supply and demand theory. The more demand, or the less supply, will lead to higher prices. The less demand, or more supply, will lead to lower prices.
Value is determined by the demand and the supply
demand will always be greater than supply
In the law of supply and demand the effect on the Labor Market is that labor is a commodity.Labor is a commodity
by the laws of supply and demand
Price in a free market economy is determined by the interaction of supply and demand. When demand for a product exceeds supply, prices tend to rise. Conversely, when supply exceeds demand, prices tend to fall. This price mechanism helps allocate resources efficiently based on consumer preferences and production costs.
the market system!!!!
Supply and demand set stock prices.
By simple supply and demand theory. The more demand, or the less supply, will lead to higher prices. The less demand, or more supply, will lead to lower prices.
The diagram illustrates the law of supply and demand. It shows how the equilibrium price and quantity are determined by the intersection of the supply and demand curves.
The price of stocks is determined by the Demand and Supply theory. When there is a heavy demand for stocks and the supply is less then the prices go up. When there is a heavy supply of stocks and there is less demand then the prices go down.
By the demand and supply of currencies in the global exchange market.
because its prise is determined by interaction between both demand and supply forces