name the all factors determining market demand?
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The following factors determine market demand for a commodity.
Tastes and Preferences of the Consumers:
Income of the People:
Changes in Prices of the Related Goods:
Advertisement Expenditure:
The Number of Consumers in the Market:
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1
Answer:
1. Tastes and preference of the consumer.
2. Income of the people.
3. Changes in prices of the Related goods.
4. Advertisement Expenditure.
5. The number of consumers in the market.
6. Consumers expectations with regard to future prices.
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