explain about population determination and rate of demad
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Answer:
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Current population size will affect future market demand through prices and supply elasticity. Population changes are slow, and consumption changes are slow. The slowness of the process of change means there is time to adjust production and distribution in order to achieve stability in market supply.
Answer:
Salary structure affects prices, and prices affect supply and demand, which affect consumption. In a market-oriented economic system, the impact of population size on market demand affects supply and demand and prices. ... Population changes are slow, and consumption changes are slow.
What we might talk about as population size is actually population density, the number of individuals per unit area (or unit volume). Population growth is based on four fundamental factors: birth rate, death rate, immigration, and emigration.