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Demand refers to the quantity of a product or service that consumers are willing and able to purchase at various price levels within a given time period. Factors influencing demand include consumer preferences, income levels, the price of related goods, and overall market conditions. In economic terms, demand typically increases as prices decrease and vice versa, reflecting the law of demand. Understanding demand is crucial for businesses to optimize pricing strategies and inventory management.
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What are the most in demand courses 5 years from now?
after 5 years maybe, I guess, engineering would be the most in demand course... 'cause as I've observed we will all need engineers for everything especially in this world of technology
The desire willingness and ability to buy a good or service?
This is the definition of Demand from a high school economics course. It Is.
What happens to demand when income increases and the commodity does not grow?
When income rises, and the quantity of a commodity remains stable, one can expect a number of things to happen. One is that the price of the commodity will rise. That of course ties into the fact that demand will rise with higher income. Eventually, however, the quantity of the commodity will rise to meet demand.
What can offset consumer surplus generated by lower prices?
Consumer surplus generated by lower prices can be offset by demand of product. The above answer overlooks the obvious answer, which is that the increase in the price of a product(s ) will decrease consumer surplus. This assumes of course that there is no shift in demand.
What will happen in the rice market now if buyers expect higher rice prices in the near future?
the demand for rice will increase
Is civil engineer is a demand course now?
s s
Why most of the students taking up Hotel and restaurant course?
Because it is an in-demand course right now
What is the demand course now a days in Asia?
The best course in Asia for the coming 2 years is Teachers Doctors Scientists Mathematicians
What are the most in demand courses 5 years from now?
after 5 years maybe, I guess, engineering would be the most in demand course... 'cause as I've observed we will all need engineers for everything especially in this world of technology
What is the in-demand course this year?
tourism
What is the in demand course this year?
tourism
What are the in demand course?
i think it was an IT course OR either bachelor of fisheries tech.
Why did you take up nursing course?
nursing is in demand right now and I think I will have a better future if I'll take nursing < a href="http://projectmanagementacademy.net>pmp</a>
What is the course that in demand in the other country?
marine
What is the demand course in 2011 to 2012?
The most in demand course for 2011-2012 : culinary arts, hotel and restaurant management, tourism management, etc.
Which module have demand in sap?
SAP WM is in demand right now.
What is the Ibo main religion?
I asked for the answer. I demand the answer. NOW NOW NOW. Dumbie.
