What are some products whose demand remains unchanged regardless of their price?
Q. In economics demand for a product is considered downward sloping. This implies that demand increases when price decreases. Is this always true? Name some products whose demand remains unchanged regardless of their price? Also mention some products whose demand increases when their prices increase?
Asked by chrissy - Wed Nov 12 11:45:02 2008 - - 2 Answers - 0 Comments

A. babies will always need diapers ya have to buy them no matter what the cost
Answered by mandylion03 - Wed Nov 12 11:50:31 2008

What is the relationship between interest rates and demand for money?
Q. A) As interest rates decrease, demand for money increases. B) As interest rates increase, demand for money increases. C) Interest rates are determined by demand for money. D) Interest rates and demand for money are unrelated. --- I am so confused. Is money supply the same thing as demand? In that case it would be B. But then again what if has nothing to do with it, then it would be D?
Asked by SwimGirl - Thu May 7 12:05:49 2009 - - 3 Answers - 0 Comments

A. A
Answered by $so fresh so clean$ (3 for 3) - Thu May 7 16:29:12 2009

How do you find the percent change in quantity demanded and percent change in price for elasticity of demand?
Q. I am graphing points for demand and price and I need some help with the demand elasticity part. I know is % change in quantity demanded / % change in price. However, im not sure how to get those % changes. For example: My quantity demanded is decreases from 1200 by 100 at every price. The price starts at 5 and rises by 5 each time.
Asked by Kelsea - Tue Mar 3 20:25:10 2009 - - 1 Answers - 0 Comments

A. %change = (changed value - original value) / original value * 100 Calculating the given example, (changed quantity - original quantity) = -100 (because it decreased by 100) original quantity = 1200 So, %change of quantity = -100 / 1200 * 100 = -100/12 = -8.33% (changed price - original price) = 5 (because it increased by 5) original price = 5 So, %change of price = 5 / 5 *100 = 100% Therefore, elasticity at the point(Qd 1200, P 5) on the demand curve is -8.33 % / 100% = -0.083 And it can be said it's price inelastic at this point because IEdpl is less than 1. ps) about from point(Q=1100, P=10) to point (Q=1000, P=15), Edp = %change Q / %change P = [(1000-1100)/1100*100] / [(15-10)/10*100]
Answered by fromeasternworld - Thu Mar 5 01:09:28 2009

What has been your experience with on demand water heaters? Do they really work, and are they reliable?
Q. I need to replace my water heater and I am considering an on demand type. My current water heater is an electric, and while it would be easier to replace with electric, I could also replace with an on demand gas water heater. If you have had experience with the on demand type, would you want another one?
Asked by Coriantum - Sat Mar 8 14:47:15 2008 - - 3 Answers - 0 Comments

A. USA I think they are excellent. My brother used to get his hot water from the boiler for the home heating system. In the summer (when heat was not used) it used to cost him $100 per month in gas to have hot water. We put a tankless water heater, and his bill dropped to $26 per month. The water heater is a larger one - sized to supply hot water for up to 3 bathrooms simultaneously. It works great, no problems at all. An added benefit is that you can set the temperature easily, and set it by degree - for example 105 degrees, or 112, etc... not just set the heater to warm or hot. I presently have a 40 gallon standard gas water heater. I am paying to keep 40 gallons of water hot 24 hours per day. That is a waste of money and energy. … [cont.]
Answered by Dave - Sat Mar 8 15:00:41 2008

On demand water heater. Does it burn out if the water is turned off?
Q. All electric house. I am considering adding on demand water heaters in two places. They cost at least twice as much as a tank type. Does an on demand burn the heater elements if the water is turned off? My tank type does burn out the heater elements if the water level drops below the elements in the tank. Also, is the on demand water heater repairable or would a person have to buy a new one in case of failure?
Asked by Gosh - Thu Feb 21 12:58:57 2008 - - 4 Answers - 0 Comments

A. good question. if your turning off the water, best to turn off the hot water heater also. all the point of use HW heaters I've worked on have a small quantity of water in them (4 oz) which stays 120 deg. as soon as there is a call for water, the cold water coming in triggers the stat to heat up the water.
Answered by mel - Thu Feb 21 21:10:27 2008

What is happening to the demand for footwear?
Q. I work for a high end footwear store, and I have been analyzing the possible reasons for the decline in demand. Why do people not want to buy shoes anymore?? Any ideas? I know that the economy is down, but why footwear in general? How does foreign production affect the demand for shoes sold in the US?
Asked by Amy D - Sat Sep 6 02:19:06 2008 - - 2 Answers - 0 Comments

A. i really don't know? i thought that myself alone would shoot the demand through the roof!
Answered by Miss Monday - Sat Sep 6 02:22:00 2008

How much demand is there for good infant care in South Jersey?
Q. How much demand is there for good infant care in South Jersey? I thought of becoming an infant care specialist certification and then offering home day care services.
Asked by melissamarino29 - Wed Apr 22 18:00:37 2009 - - 1 Answers - 0 Comments

A. Well i live in north Jersey and ive been to South Jersey hospitals before i think there is a high demand for good infant care. And that is a nice thing that you wanna become a infant care specialist lots of people need them these days and it really is a good job
Answered by Tabatha A - Wed Apr 22 18:12:25 2009

How does your organization determine the demand for its services? What are some of the advantages and disadvan
Q. How does your organization determine the demand for its services? What are some of the advantages and disadvantages of the approach that is used within your organization to forecast demand for its product? How could this be improved?
Asked by haemogril - Wed Jan 3 20:41:59 2007 - - 1 Answers - 0 Comments

A. let me introduce myself as the marketing manager of a hospital. To determine the demand of our services, we take the statistics of our occupancy levels for the same period of the previous year. we project the same with an assumptional increase of 5%. the advantage is that the process is simple and the disadvantage is that the entire process is done on assumptions.
Answered by Adam Love - Thu Jan 4 04:13:27 2007

What is the difference between a demand function and quantity demanded at a given price?
Q. y is it useful to know the demand function?
Asked by How To Save A Life - Wed Mar 4 17:07:34 2009 - - 2 Answers - 0 Comments

A. there's supply and demand. simply, the more supply, the lower the price, the less supply, more scarce, higher cost. More demand, higher price (vendors take advantage of the desire to have an item and boost up the price), less demand, lower price. those are the basiccc things of economics. now, it is useful to know because you can graph this out, and where the two lines(supply & demand) intersect, is called the 'true market price'. and when demand goes higher, the intersect is raised higher up on the supply function, and the price goes up. and when demand goes lower, price drops but stays in proportion to supply. it helps to figure out a products true cost, so you don't get fooled when you think a price is good when it's actually 10$ more… [cont.]
Answered by (: uoy_kcuf - Wed Mar 4 17:26:51 2009

What are some of causes of this increase in demand for compact disks?
Q. Over the past decade, the demand for CDs has dramatically increased. According to supply and demand theory, price should rise when demand increases. However, in recent years the average price of a CD has actually fallen. Can you explain this apparent contradiction between the theory and fact.
Asked by Spacetime - Sat Oct 28 22:14:00 2006 - - 3 Answers - 0 Comments

A. The cause of increase demand is that Cd's are easy to handle and very cheap.We can take a lot of information in the Cd's.Programs Cd's,games Cd's,learning Cd's,movie and song Cd's they has influenced in our technical life a lot and proved as the best instrument.Some exceptions are applied in each and every theory.Our a past few decades technical revolution led to a very heavy competition.Not just Cd's the price of all electronics and automobiles have been decreased such as TV,Mobile,Bikes.If companies want to be in the market they follow some policies like cheap rates,better qualities and good advertisements.
Answered by Mayank Sharma - Sat Oct 28 22:59:51 2006

Is there a huge demand for lawyers in Yellowknife, Inuvik and Whitehorse?
Q. I am planning to get my law degree in a few years and wanted to move up north where there is apparently a big demand to start a private practice. Would I make good money up there? What city is the best choice for opportunities and quality of life? In general, where should I go?
Asked by Matt - Thu Aug 27 16:47:00 2009 - - 3 Answers - 0 Comments

A. yes, there is. there should be enough work to get 8 to 10 hours a week...unless you get real lucky and there is an eskimo pie lawsuit brewing
Answered by tie dye clothing .com - Thu Aug 27 16:54:21 2009

What jobs are in demand working with children?
Q. I'm planning on attending grad school next fall, but I can't decide what to get my degree in. I was thinking about Speech Language Pathology or Education (I would like to work with elementary school aged children). I'm not sold on either one, but I feel like I need to do something and get going with my life! I have a BA in Communications already. What are good jobs that are in demand where I can work with children? Thanks!
Asked by paris.lydia - Fri Nov 7 14:14:35 2008 - - 3 Answers - 0 Comments

A. Teaching especially math, reading and special education. Look for a local education program in a college near you. Then call and ask if they have a certification program to become a teacher. Many colleges are doing 1 year programs to get you certified and into the classroom quickly. There also may be some online programs. Good luck!
Answered by Dr Skip - Fri Nov 7 14:21:33 2008

What should happen to the demand for travel and tourism products during a recession?
Q. What should happen to the demand for travel and tourism products during a recession and also what would like happen should the economy be in an expansion period?
Asked by Maria G - Tue Aug 26 15:36:08 2008 - - 1 Answers - 0 Comments

A. it would go down expansion people have more money more holidays more demand for travel and tourism products
Answered by cyran - Tue Aug 26 15:40:11 2008

What happens to labor supply/demand without illegal aliens?
Q. If new laws were enacted to stop farmers from hiring illegal aliens, what happens to the supply and/or demand for farm workers? What happens to the equilibrium wage and quantity of farm workers hired? Will the change be more or less likely to attract legal workers to the industry? What happens to the price of food harvested by farm workers?
Asked by Kristen - Sat Oct 24 14:45:59 2009 - - 1 Answers - 0 Comments

A. demand curve same, supply curve shifts left wages up more legal workers higher price of food (abstracting away from USDA price control)
Answered by Bored Goblin - Sat Oct 24 15:10:59 2009

Why is there a high demand for environmental workers in Australia and in Sudan, Africa?
Q. I've been looking at the different job opportunities abroad for an environment, health and safety practitioner, and I have noticed a "great demand" for such workers in Australia and in Sudan. I had this impression that the demand was high in those countries, since there were several agencies that have posted their requirements for 25, 50 and even 100 environmental professionals in various websites. I wonder why is there a demand for numerous envi. workers? What are the current environmental issues that these countries are facing?
Asked by enticed - Thu Dec 6 11:43:16 2007 - - 1 Answers - 0 Comments

A. Sudan is a big producer of oil, so that's probably why there are a lot of jobs in need over there. The US doesn't import from them because of the war going on over there, but that hasn't stopped China from buying their oil. I would think twice before heading off to work in a wore torn 3rd world country if I were you! Australia is really big into mining, so I'm assuming that most of the jobs you're seeing are for mining companies and such. In fact, Australia just elected a new president (or is it Prime Minister down there?) who I've heard is going to sign the Koyoto treaty, so maybe a lot of businesses there are preparing for that.
Answered by qu1ck80 - Thu Dec 6 17:33:39 2007

What happens to demand when the price of a product changes?
Q. a. What happens to demand when the price of a product changes b.Compare that to what happens when a parameter or determinant of demand changes.
Asked by Good day - Sun Nov 2 20:09:22 2008 - - 2 Answers - 0 Comments

A. Your question is almost backwards or a trick question. Price is determined by demand. eg. When Texas Instruments first brought out the 5 function hand calculator. add, subtract, multiply, divide and square root. The calculator cost $160. back in the 1970's. Price was high because demand was high, supply was small. You can now buy a calculator that does more functions in the dollar store. a. demand sets price. b. parameters, such as patent runs out, others can manufacture and supply same or similar product, increases supply, thus lowering cost.
Answered by iluv2tradestks - Sun Nov 2 20:20:26 2008

What demand could I expect to see from employers with a triple major?
Q. I'm in the process of triple majoring in Electrical Engineering, Computer Science, and Mathematics. I was wondering what kinds of job offers I could potentially expect to see around/after graduation. I'm not sure how common or rare triple major graduates are in the job market nowadays. Is there a high or average demand for someone holding these degrees as well as some internship and/or co-op experience
Asked by DarkShadow - Mon Oct 19 12:21:24 2009 - - 1 Answers - 0 Comments

Is it legal for a company to demand that you donate your tips to their charity?
Q. Tim Hortons donuts company in Canada tells employees that all tips must be donated to their " send a kid to camp" charity ,for which Tim Horton's company recieves the tax benefits. Is it legal to demand that an employee donate their tips to your charity while you recieve the benefits?
Asked by bootitgood for DR DORIS - Fri Oct 5 20:08:59 2007 - - 2 Answers - 0 Comments

A. It is not down here where I live but don't know about Canada. Check with your labor board or Canada's equalivent to labor board ask them. off the record first. without giving your name so it will not come back on you. at the job.
Answered by JUAN FRAN$$$ - Fri Oct 5 20:12:59 2007

What are some of the most in-demand subjects for stock photography?
Q. I want to do some stock photography and I'd like to maximize the results of my efforts. What subjects and topics are the best ones to take pictures of -- the ones that are the most requested and the most downloaded? Maybe the ones with the highest demand and the lowest supply?
Asked by joedeshon - Tue May 13 14:55:18 2008 - - 3 Answers - 0 Comments

A. Use the link to access a list of what is needed and not needed... this is only for the one site, but I'm sure that a lot of stock sites are about the same. I personally use this site, and its really nice actually.
Answered by Spotless Mind - Tue May 13 15:06:42 2008

How would Universal Healthcare affect the pay and demand for nurses in California?
Q. Would it increase the demand for nurses? Would the wage of registered nurses make more, less or still the same?
Asked by Vince M - Thu Nov 6 13:54:26 2008 - - 1 Answers - 0 Comments

A. The pay would drop substantially, and health care delivery would be slower, so the demand should not increase. But, a federal judge is forcing California to build some 9 or so huge hospitals for prison populations, so the demand would increase there, but in dismal locations.
Answered by Mark H - Thu Nov 6 14:03:04 2008