Neha has just completed her MBA and joined a startup company. The company was planning to launch a new product in the market so the management wanted to understand the different factors that can impact the demand and supply of their products in the market. Help Neha to prepare a report on the factors impacting demand and supply of products in the market.
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Items have distinctive affectability to changes in cost.
For instance, interest for necessities, for example, bread, eggs and margarine does not will in general change altogether when costs climb or down.
At the point when a person's pay goes up, their capacity to buy products and enterprises increments and this makes request increment.
At the point when earnings fall there will be a decline in the interest for generally products.
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