Answer to Question #95897 in Microeconomics for Kkkkklm

Question

1 ) Explain the factors that have driven the increasing domestic demand of gas

Answer 1

In the domestic market, gas can be used in the following areas: 1. Electricity production. This direction is gradually losing its relevance, as people begin to give preference to alternative methods of obtaining energy 2. In industry. (Commercial area) Gas is used for domestic needs of industry, but beer nevertheless, during economic changes, corresponding fluctuations occur with gas demand 3. Domestic use by the population. Here, gas consumption may vary seasonally, depending on the level of technological progress in the country.