How many factors are there in affecting demands for goods and services and what are they
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The demand for good and service depends on several factors, such as price of goods ,perceived quality, advertising,income confidence of consumers ,and change intaste and fasion . we can look at either an individual demand or total demand in the economy
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The following factors determine market demand for a commodity.
Tastes and Preferences of the Consumers: ADVERTISEMENTS: ...
Income of the People: ...
Changes in Prices of the Related Goods: ...
Advertisement Expenditure: ...
The Number of Consumers in the Market: ...
Consumers' Expectations with Regard to Future P
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