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.
The most important factor which influence the demand is price. A decrease in the price of a normal good leads to rise in demand of a product. Similarly, an increase in the price will reduce the demand for a commodity. The relation between price and demand is inverse relationship.