Although CPAs have specific education and experience requirements, regular accountants do not. That means students have the opportunity to study in any number of related fields and still be eligible to fill accounting positions. Here are five popular degree options for accountants.
If the demand increases, and the supply remains the same, there will be a shortage. This will mean the price will increase. If the demand decreases, and the supply remains the same, there will be a surplus. This will mean the price will go down.
Increase and decrease in demand are referred to change in demand due to changes in various other factors such as change in income, distribution of income, change in consumerâs tastes and preferences, change in the price of related goods, while Price factor is kept constant Increase in demand refers to the rise in demand of a product at a given price.