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3 Cards in this Set

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  • Back

What is Demand?

The quantity of goods and services which consumers are willing to buy at different prices.

What are the factors that determines Demand?

~~> The amount of goodsand services.


~~>The amount of money consumers have.


~~> Advertising.


~~> The cost of other products.


~~> Weather conditions


~~> Fashion.

Demand schedule is a. ...... that demonstrates the Quantity of good and services which consumers are willing to buy at different prices

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