What are the 6 factors that affect demand?
Welcome to Answerclub.org
Questions | Answers | Discussions | Knowledge sharing | Communities & more.
Sign Up to our social questions and Answers Engine to ask questions, answer people’s questions, and connect with other people.
Login to our social questions & Answers Engine to ask questions answer people’s questions & connect with other people.
Lost your password? Please enter your email address. You will receive a link and will create a new password via email.
Please briefly explain why you feel this question should be reported.
Please briefly explain why you feel this answer should be reported.
Please briefly explain why you feel this user should be reported.
Questions | Answers | Discussions | Knowledge sharing | Communities & more.
The factors that affect demand are as follows:
Price of product
Consumer’s Income.
Price of Related Goods.
Tastes and Preferences of Consumers.
Consumer’s Expectations.
Number of Consumers in the Market.
Market factors affecting demand of consumer goods
Price of product.
Tastes and preferences.
Consumer’s income.
Availability of substitutes.
Number of consumers in the market.
Consumer’s expectations.
Elasticity vs. inelasticity.