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.
If demand is elastic then the total revenue with the price incereases. As demand changes according to price of a commodity. Demand varies with respect to the variation in the prices of a commodity.Demand increases with the decrease in price and demand decreases with the increase in the prices of the commodities.And total revnue is the amount of sale of any commodity. So, the decrease in price causes the total revenue to incerase.emand increases with the decrease in price and demand decreases with the increase in the prices of the commodities. And total revnue is the amount of sale of any commodity. So, the decrease in price causes the total revenue to incerase.