Question

define market demand ? explain the factors which affect its
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Answer 1

Answer:

Market demand refers to the aggregate demand for a commodity in the market. Market demand is affected by all the factors that affect individual demand and the following factors: 1. Size of population- Increase in population raises the marker demand and decrease in population decreases market demand. 2.

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Answer 2

Answer:

Market demand refers to the aggregate demand for a commodity in the market. Market demand is affected by all the factors that affect individual demand and the following factors: 1. Size of population- Increase in population raises the marker demand and decrease in population decreases market demand. 2.