Determinants that consumers want to buy
In addition to price, what are the other determinants that consumers want to buy?
Expert
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.
Demand schedule: This is a tabular symbolization of different quantities demanded at various levels of prices.
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The resource probably to conform to the supply curve demonstrated in this figure would be: (1) housing. (2) capital. (3) labor. (4) land. (5) entrepreneurship. Q : Are you being charged too much for This exercise inspects the higher prices charged in UK for music downloads as compared to the rest of Europe.
This exercise inspects the higher prices charged in UK for music downloads as compared to the rest of Europe.
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The present value of an annual income stream which goes onto forever is: (w) infinite. (x) zero. (y) the annual income multiplied through the interest rate. (z) the annual income divided through the interest rate.
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