Average December Temperatures at Cities in California. Average daily high and low temperatures for December at dozens of cities throughout California are listed below in degrees Fahrenheit and Celsius. You can jump to separate tables for cities in Southern California and Northern California. The tables give the normal maximum and minimum temperatures based on weather data collected from 1981 to 2010 by the US National Climatic Data Center.
Supply and demand is perhaps one of the most fundamental concepts of economics and it is the backbone of a market economy. Demand refers to how much (quantity) of a product or service is desired by buyers. The quantity demanded is the amount of a product people are willing to buy at a certain price; the relationship between price and quantity demanded is known as the demand relationship. Supply represents how much the market can offer.
A shift in a demand or supply curve occurs when a good's quantity demanded or supplied changes even though price remains the same. For instance, if the price for a bottle of beer was $2 and the quantity of beer demanded increased from Q1 to Q2, then there would be a shift in the demand for beer.ike a movement along the demand curve, a movement along the supply curve means that the supply relationship remains consistent. Therefore, a movement along the supply curve will occur when the price of the good changes and the quantity supplied changes in accordance to the original supply relationship.