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If the population increases, demand for goods and services is likely to rise, as more people typically means greater consumption needs. This heightened demand can lead to increased pressure on resources and supply chains. Additionally, specific sectors, such as housing, food, and healthcare, may experience particularly significant demand surges. Overall, a growing population can stimulate economic activity but may also necessitate careful planning to meet the increased demand sustainably.
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What happen when the demand for a product?
When demand decreases, supply increases.
When the population increases you can expect overall demand to?
Increase
What will happen if demand increases?
more will be demanded at lower priceType your answer here...
What will happen when the demand for a product increases according to Adam Smith?
Supply increases.
What will happen to price if the demand for ethanol increase?
If the demand for ethanol increases the price will also increase.This is based on price elasticity of demand.
What will happen if demand decreases and supply increases?
the price and value of the item will decrease.
According to Adam smith what happen when the demand for a product decreases?
Supply increases.
What will happen when Aggregate demand and aggregate supply decrease?
When aggregate demand and aggregate supply both decrease, the result is no change to price. As price increases, aggregate demand decreases, and aggregate supply increases.
What will happen to the population of mangrove plants if the population of monkeys increases greatly?
it will decrease
When will happen if the sellers in the market increase?
As the Number of Sellers Increases, the Supply of the commodity Increases. As Supply Increases, and demand remains constant, Prices Decrease.
What happen when the number of organisms in a population increases?
affect the community
What will happen if Aggregate demand increases and aggregate supply increases?
An increase in aggregate demand and a decrease in aggregate supply will result in a shortage: there will be more goods and services demanded than that which is being produced.
