When an economist says that the demand for a product has increased this means that
if a product is in high demand it means lots of people want/like it, if something is in demand someone wants it, high demand means that product is popular and people want it, it's in high demand.
Excess demand occurs when demand outweighs supply. This means there is a shortage of a good.
It means it is Unitary elastic.
In economics, inelastic demand means that changes in price have little impact on the quantity demanded, while elastic demand means that changes in price have a significant impact on the quantity demanded.
with help of biotechnology we can fulfill the needs of humanbeins so there is a huge demand
No, unfortunately not, there is not a huge demand for them.
it means the market demand.
huge demand, to educate, and revenue
Huge means "extremely large; enormous."
there was a huge increase in consumer demand and spending
I was looking for the answer..i dnt wanna answer it..!
When an economist says that the demand for a product has increased this means that
Yes, they are in huge demand. Computer management jobs are in high demand in every developed country in the world. Switzerland is no exception to this.
if a product is in high demand it means lots of people want/like it, if something is in demand someone wants it, high demand means that product is popular and people want it, it's in high demand.
Indivdual demand means, every individual consumer choice. it means what he\she wants they will go to purchase that commodity, this activity be comes in economics inkividual demand
it was a huge boat,and when i say huge i mean huge.and when a ships huge ,that means its unsinkable