Question

What are the factors affecting the demand for a commodity? class 11- economics

Answer 1

Answer:

1. Tastes and Preferences of the Consumers: ADVERTISEMENTS: ...
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:

Answer 2

Answer:

1. Income of the consumer

2. Change in the distribution of income

3. Price of commodity

4. Taste and preference of consumer

5. State of economic activity

6. Price expectation

7. Change in the price of related goods

Explanation: