what is the effect on good's supply, when natural conditions remain conducive for it?
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Answer:
The physical environment as an aspect of the workplace environment has direct impact on the human sense and can slow change interpersonal interactions and thus productivity. This is so because the characteristics of a room or a place of meeting for a group have consequences regarding productivity and satisfaction level. A large number of work environment studies have shown that workers/ users are satisfied with reference to specific workspace features. These features preference by users are highly significant to their productivity and workspace satisfaction, they are lighting, ventilation rates, access to natural light and acoustic environment .
Lighting and other factors like ergomic furniture has also been found to have positive influence on employees health and consequently on productivity. Ambient features in office environments, such as lighting, temperature, existence of windows, free air movement etc, suggest that these elements of the physical environment influence employee’s attitudes, behaviours, satisfaction, performance and productivity .
When the employees physically and emotionally have the desire to work, then their performance outcomes shall be increased . Absenteeism can be reduced by having a proper workplace environment; which can in turn increase employee performance and productivity. Chandrasekhar stated that the connection or relationship between the work, workplace, and tools of work had become the most important aspect in their work itself . The management has a challenge to establish an environment that will affect, effect, attract, retain and motivate its employees toward increased productivity.
What Is the Law of Supply and Demand?
The law of supply and demand is a theory that explains the interaction between the sellers of a resource and the buyers for that resource. The theory defines what effect the relationship between the price of the product the willingness people to either buy or sell the product. Generally, as price increases people are willing to supply more and demand less and vice versa when the price falls.
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