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"Huge demand" refers to a significant and often overwhelming desire or need for a particular product or service within a market. It indicates that many consumers are actively seeking to purchase or utilize something, which can lead to increased sales, higher prices, and potential supply shortages. This term is commonly used in economics and business to assess market trends and consumer behavior.
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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.
Why did northern factories profit during the civil war?
Huge demand for all kinds of war supplies.
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 does huge means?
Huge means "extremely large; enormous."
What is industry demand?
it means the market demand.
What is the positive and negative effect of prostitution?
huge demand, to educate, and revenue
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..!
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.
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.
Why was Titanic said to be unsinkable?
it was a huge boat,and when i say huge i mean huge.and when a ships huge ,that means its unsinkable
What part of speech is the word huge?
The word huge is an adjective. It means to be very large.
