Purchase power,income level,necessarity,willingness
Those who buy the product or service usually determine the demand for a product or service.
Supply and demand. Supply and demand determines the prices of goods and services in the market.
the elasticity of demand of the product taxed
The price of any product is determined by the laws of demand and supply.
The sum of all the individual demands for a particular good determines the market demand for the good.
THE Demand for a product or a services depends on a host of factors .some factor are specific product or services market .the importance of these factors may also very over time and over space. how ever the following factor are common to all demand...
the consumer
Supply and demand. Supply and demand determines the prices of goods and services in the market.
the elasticity of demand of the product taxed
the elasticity of demand of the product taxed
This is not a 'controlled' or a 'rationed' product. The law of supply and demand determines its marketability and availability.
The price of any product is determined by the laws of demand and supply.
The sum of all the individual demands for a particular good determines the market demand for the good.
THE Demand for a product or a services depends on a host of factors .some factor are specific product or services market .the importance of these factors may also very over time and over space. how ever the following factor are common to all demand...
causes a movement along the MRP curve: -wage rate causes a shift of the MRP curve: -price of capital -changes in productivity -changes in the price of the firm's product -demand for the product
The price and quantity are generally determined by the demand for the products, e.g the desire by consumers to purchase them. Generally, the greater the demand, the higher the price, and the greater the quantity that will be produced for sale.
Income Consumption curve (icc) is a curve which determine the consumption of a consumer base on in his/her income When Income is High, Spending Capacity increases, higher the spending capacity - more the demand. Thus converse to the original demand theory which says, PRICE determines Demand, ICC theory says, INCOME of a PERSON determines the Demand for a Product
the market demand for the product. undefined. more inelastic than the market demand for the product. more elastic than the market demand for the product