What are the two factors influencing market demand


Problem

A. Explain Demand Behavior in economics.

B. Based on the explanation given on "demand hypothesis", can you cite a practical application using "physician care" as the commodity.

C. Briefly discuss the factors of income, prices of other related commodities and tastes on the economic behavior of consumers.

D. What are the 2 factors influencing market demand?

E. Is price the only thing that matters in medical care? Explain.

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Microeconomics: What are the two factors influencing market demand
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