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When an economist says that the demand for a product has increased this means that?
When an economist says that the demand for a product has increased this means that
What does it mean that the demand for a product is high?
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.
When does excess demand occur in the equilibrium price?
Excess demand occurs when demand outweighs supply. This means there is a shortage of a good.
When elasticity of demand for a good is exactly 1 how is demand described?
It means it is Unitary elastic.
What will happen if the demand curve goes up?
it means that the price is higher and demand of products is high
What are the need for demand?
with help of biotechnology we can fulfill the needs of humanbeins so there is a huge demand
Is their a childrens camp for puppet theatres?
No, unfortunately not, there is not a huge demand for them.
What is industry demand?
it means the market demand.
What is the positive and negative effect of prostitution?
huge demand, to educate, and revenue
When an economist says that the demand for a product has increased this means that?
When an economist says that the demand for a product has increased this means that
Are computer management jobs in high demand in Switzerland?
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.
What caused prices to surge after the war?
there was a huge increase in consumer demand and spending
What caused the huge demand for cotton In the late 1700?
I was looking for the answer..i dnt wanna answer it..!
What does huge means?
Huge means "extremely large; enormous."
What does it mean that the demand for a product is high?
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.
What is individual 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
When does excess demand occur in the equilibrium price?
Excess demand occurs when demand outweighs supply. This means there is a shortage of a good.
