Determinants that consumers want to buy
In addition to price, what are the other determinants that consumers want to buy?
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In addition to price, other determinants of how much consumers desire to buy comprise income, the prices of substitutes and complements, expectations, tastes, and the number of buyers. When one of such factors changes, the demand curve shifts.
Price floor: Price floor refers to the lowest amount price fixed by the government over the market determined price and hence the producers of the necessary items such as wheat, rice and so on might not experience losses.
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Demand is perfectly price elastic when the price for Pixie's cheesy fried grits is a mostly unmeasurably small bit below the: (1) zero. (2) P1. (3) P2. (4) P3. (5) P4. Q : Pay annual income by perpetuities bonds When all bonds are perpetuities which pay annual income of $50, at an interest rate of 5% the price of bonds is: (w) $1,000. (x) $500. (y) $100. (z) $750. Can someone explain/help
When all bonds are perpetuities which pay annual income of $50, at an interest rate of 5% the price of bonds is: (w) $1,000. (x) $500. (y) $100. (z) $750. Can someone explain/help
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