What factors determine demand for a commodity?
replied to: epking
Replied to: What factors determine demand for a commodity?
The price of the product, level of income, and personal preference are just some of the factors that determine demand.
replied to: blockfrei
Replied to: The price of the product, level of income, and personal preference...
Government policies, cost of similar products, and cost of complementary products are other factors that determine demand.
replied to: blockfrei
Replied to: The price of the product, level of income, and personal preference...
Can you explain further
replied to: kizziez
Replied to: Can you explain further
I mean can you explain the factors influencing the demand for a commodity further
replied to: kizziez
Replied to: I mean can you explain the factors influencing the demand for...
NO