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Is being a pediatrician high or low demand?
HiGh demand.
What is in a free enterprise economy supply and demand affect the of a product?
In a free enterprise system, when supply is low and demand is high, prices are higher, but when supply is high and and demand is low, prices are lower.
What are high prices often caused by?
low supply high demand.
What happens to price if demand is high and supply is low?
What ever the demand is it's scarce
What is it called When the demand is high and supply is low?
A seller's market.
Is being a pediatrician high or low demand?
HiGh demand.
Is there a high or low demand for a graphic designer?
Low. Low Demand + High Competition + Low Salary = Do something else in life.
What products are high in supply and low in demand?
very high
Why do basketball players need high salaries?
Supply and Demand. Supply: Only about 300 spots to fill in the NBA, Demand: Millions of people want those spots. If u get one of those spots, you are very valuable because the supply is extremely low, therefore a huge salary. Supply: Millions of spots around the world to be a cashier at McDonald's Demand: Millions of people do this Supply is high, so ur salary will be low.
What is in a free enterprise economy supply and demand affect the of a product?
In a free enterprise system, when supply is low and demand is high, prices are higher, but when supply is high and and demand is low, prices are lower.
What are high prices often caused by?
low supply high demand.
What happens to price if demand is high and supply is low?
What ever the demand is it's scarce
What is the law demand?
As the price of a good decreases, the amount that consumers are willing to purchase increases. It states the inverse relationship between price and demand; that when prices are high, there is a low amount of demand and when prices are low there is a high amount of demand. The price is the indicator in this law.
What is the demand of law?
As the price of a good decreases, the amount that consumers are willing to purchase increases. It states the inverse relationship between price and demand; that when prices are high, there is a low amount of demand and when prices are low there is a high amount of demand. The price is the indicator in this law.
What is it called When the demand is high and supply is low?
A seller's market.
Why is dill so expensive?
Low supply, high demand.
Is oxygen demand high in bone but low in cartilage?
Yes
