state what are the factors that influence individual demand ?
Answers
Answered by
5
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 Prices:
Similar questions