Define demand and explain factors affecting demand.
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We defined demand as the amount of some product that a consumer is willing and able to purchase at each price. This suggests at least two factors, in addition to price, that affect demand. ... The prices of related goods can also affect demand.
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We defined demand as the amount of some product that a consumer is willing and able to purchase at each price. This suggests at least two factors, in addition to price, that affect demand. ... The prices of related goods can also affect demand.
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