Frequently Asked Questions - demand

FAQs - demand
  • the price of the product 
  • the price of substitute goods/services 
  • the price of complementary goods/services 
  • changes in income 
  • changes in tastes and preferences of consumers 
  • the impact of an advertising campaign. 

Please note:

A brief description is required for each point in order to gain full marks. You might lose marks if only points are listed without explanation.

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