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When the supply of any product decreases the demand increases. When there is a large amount of houses available on the market, it is easier for buyers to pick and choose, and negotiate price. (Buyers' market) When there is a limited amount of houses on the market, sellers can easily negotiate higher sales prices due to lack of availability. (Sellers' market)
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What factors influence the demand for goods with elastic demand?
Factors that influence the demand for goods with elastic demand include the availability of substitutes, the necessity of the good, and the proportion of income spent on the good.
How global macro-economic factors influence the supply and demand of agricultural input?
Macro economic factors globally influence supply and demand. These factors include climate and disasters resulting in skewed outcomes versus predictability in agriculture.
Explain 5 factors that influence the demand of soap manufacturing in Ghana?
answer it
What factors influence supply others than price?
demand of the product
What factors influence the relationship between the total demand for output and the aggregate demand curve?
Several factors can influence the relationship between total demand for output and the aggregate demand curve. These factors include changes in consumer spending, investment levels, government spending, and net exports. Additionally, factors such as interest rates, inflation, and overall economic conditions can also impact the aggregate demand curve.
What factors influence the demand for goods with elastic demand?
Factors that influence the demand for goods with elastic demand include the availability of substitutes, the necessity of the good, and the proportion of income spent on the good.
Discuss the factors that are likely to influence the demand for desktop computers in Ghana?
Discuss the factors that are likely to influence the demand for desktop computers in GHANA?
What are the factors that can influence demand for land labor capital entrepreneur?
Supply, demand, price, and cost would be the factors.
How global macro-economic factors influence the supply and demand of agricultural input?
Macro economic factors globally influence supply and demand. These factors include climate and disasters resulting in skewed outcomes versus predictability in agriculture.
Explain 5 factors that influence the demand of soap manufacturing in Ghana?
answer it
What factors influence supply others than price?
demand of the product
What Factors influence human resource demand in an organisation?
There are a number of factors that can influence human resource demand in an organisation. Some examples are expansion, change of specialisation of the organisation's team, restructuring, among others.
What factors influence the relationship between the total demand for output and the aggregate demand curve?
Several factors can influence the relationship between total demand for output and the aggregate demand curve. These factors include changes in consumer spending, investment levels, government spending, and net exports. Additionally, factors such as interest rates, inflation, and overall economic conditions can also impact the aggregate demand curve.
What factors influence the pricing strategy for products with elastic demand?
Factors that influence the pricing strategy for products with elastic demand include the availability of substitute products, consumer income levels, and the overall market competition.
What factors might influence the pricing in a Middle Eastern branch of Dairy Queen?
Demand could be the answer, so what factors could affect the demand to increase or decrease.
What are the factors that influence the development of hospitality industry from the early times?
hotels,guest house,hall of residence,motels,hospitality accommodation,hostels
What factors influence which products firms choose to produce?
In simple terms Supply and demand
