Topic: Factors That Affect Demand
Answers to Common Questions
What are the factors affecting demand for cars?
(i) As cars have very elastic demand, this means that if price falls then automatically demand for cars will rise. And, if prise rises, demand for cars will fall. (ii) If income rises, then demand for the product will rise as consumers' pur... Read More »
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What are the factors affecting demand and supply?
Factors affecting demand: 1. Price: when P goes up, demand goes down and vice versa. THE CETERIS PARIBUS CLAUSE: if P changes, other factors will remain the same. 2. Prices of other products: when the price of beef goes up for example, the ... Read More »
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What are the factors affecting demand for houses?
Answer When the supply of any product decreases the demand increases. When there is a large amount of houses available on the market, it is easier for buyers to pick and choose, and negotiate price. (Buyers' market) When there is a limited ... Read More »
Source: http://wiki.answers.com/Q/Why_are_the_demand_for_houses_adversely...
Answers to Other Common Questions
Quantity Demanded is only affected by the change in prices & all other factors given below only affect or lay down changes in Demand 2. taste/preference of consumers; the higher the pereference for a particular goods/service the higher the ... Read More »
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Disposable Income. Read More »
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Prices being low The item is very new Its perfect for holidays No one wants it SOME ARE GOOD THINS AND SOME ARE BAD Read More »
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vPrice of the good X (Px) vPrice of complementary goods (Pc) vPrice of substitutes (Ps) vConsumer's income (Y) vConsumer's taste for the good (t) vConsumer's expectations about future prices (E) vAdvertising (A) vTaxation (T) v Number of bu... Read More »
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There are several main factors that control the weather. Here are some: wind, humidity, temperature, air pressure, and the precipitation. Read More »
Source: http://answers.ask.com/Science/Nature/what_factors_affect_weather
Weather conditions, topography, and fuel are the most common factors that impact burning. This would include both natural and man made fires. Read More »
Source: http://answers.ask.com/Science/Other/what_factors_affect_burning
There are many factors that affect the climate. These factors include: distance from the sea, ocean currents, direction of prevailing winds, relief, proximity to the equator, and human activity. Read More »
Source: http://answers.ask.com/Science/Nature/what_factors_affect_climate
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