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Housimg is expensive and time consuming to build - apex c:
What else can I help you with?
List the key nonprice factors that influence demand and supply?
Income, Substitutes, complementary goods, tastes and preferences are some of the non-price determinants of demand.
Explain economics relating to law of supply and demand?
The Law of Supply is a rule stating that more will be offered for sale at high prices than at lower prices. The Law of Demand is a rule stating that more will be demanded at lower prices and and less at higher prices.The Law of Demand states that there is inverse relation between the demand of the consumer and prices whenever the prices of the commodity increase the the demand for that commodity decrease that so why it is inverse relation between the demand and price of the given commodity.(addition by matchman6)This is correct - however the questions asks, explaineconomics relating to supply and demand.I would say you cant explain economics relating to supply and demand, but you can explain a huge part of economics with it.You must first remember that economics is the study of how resources are allocated under conditions of scarcity. Scarcity implies that there are not enough resources for all our wants, therefore decisions must be made by everyone.This means that producers must decide how much (of a product) to produce, and consumers must decide how much (of a product) to consume.The intersection of supply and demand determines the price that will satisfy both consumer and producer at a given level of quantity. This means it gives us the value of all goods, which can help us in determining the best way to allocate resources in the economy.Hope that helps..
Does Rent control lead to quantity supplied being less than quantity demanded?
Yes. Its a price ceiling. In other words, the true price that would put the market in equilibrium is much higher than the artificially applied ceiling. Since quantity demanded on a commodity increases as price decreases, people will want more if the price is artificially low. This leads to people wanting more housing than what actually exists. There is no incentive to build more housing because you cant get the market price for your building. If the market were allowed to adjust naturally, rent would go up and people would move to a town with lower rent.
Why cant the supply of fossil fuels be increased?
Because fossil fuels are dinosaurs that take millions and millions of years to form under extreme conditions. 1: no one has a million yrs to wait 2: There are no motr dinosaurs
What is the difference in how the exchange rate reflects the supply and demand for the currency between a flexible-exchange rate system and a fixed-rate exchange system?
Fixed Exhange-Rate System: currency system in which governments try to keep the values of their currencies constant against one another Flexible Exchange- Rate System: allows the exchange rate to be determined by supply and demand. With a flexible exchange- rate system, exchange rates need not fall into any prespecified range.
Why cant you find a wii fit for sale?
Because the demand for the wii fit is so high and the supply is so low.
What economic system is controlled by the laws of supply and demand?
the answer is either in you book or you werent paying attion to the story or not listing to the teacher so i cant give you the answer you should have been listing or reading it!!!!!!!!!!!!!!! haha DEAD FACE!!!!!!!!!!!
How do go to goosebumps on on demand?
you cant.
What factors can lead to disequilibrium?
Factors that can lead to disequilibrium include changes in demand and supply, government intervention (such as price controls or taxes), technological advances, and external shocks like natural disasters or geopolitical events. Any factor that disrupts the balance between supply and demand in a market can contribute to disequilibrium.
What is the housing like in Indonesia?
there is the joglo, minangkabau, torajan and some others but cant remember
Is there going to be a demand future of elecrical engeneer if there is what is it?
I cant tell the future
List the key nonprice factors that influence demand and supply?
Income, Substitutes, complementary goods, tastes and preferences are some of the non-price determinants of demand.
How do you convert a 7.2volt battery to 12volt power supply?
You cant.
How can you burp on demand?
it depends if you can suck air into your throat and stomach then let it out some folks have that special talent but if not then no you cant burp on demand
What does luck do on mechquest?
It increases each of your stats a little, you cant see it though. Also increases your chance of going first and dealing criticals
Why cant the producers in some ecosystems make an unlimited supply of organic material?
One or more nutrients are in short supply.
Simone wants to purchase the latest popular toy this Christmas and cant find any in the stores Someone offers her one for 100 when she knows that the toy normally retails for 30?
Prices rise when demand exceeds supply.the correct answer isB. right and a supply curve shifting to the left.i guess c but got it wrong, so i know for sure that it's b
