Economy, asked by atulya9778, 9 months ago

what is the factor of affecting demand​

Answers

Answered by ShehjaddaThakur
0

Answer:

Other things that change demand include tastes and preferences, the composition or size of the population, the prices of related goods, and even expectations. A change in any one of the underlying factors that determine what quantity people are willing to buy at a given price will cause a shift in demand.

Answered by Anonymous
1

Answer:

It says that the quantity demanded of a product is a function of five factors: price, income of the buyer, the price of related goods, the tastes of the consumer, and any expectation the consumer has of future supply, prices, etc.

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