1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Furkat [3]
3 years ago
8

List and describe the determinants of demand that would explain the shift above

Social Studies
1 answer:
aev [14]3 years ago
3 0

Answer:

The increase in the price of the product, the decrease in the consumer's income, a change in consumer preference.

Explanation:

As you can see in the chart above, there was a decrease in demand for a specific product. This decrease may have been caused by several factors, which are called determinants. Among the main determinants we can highlight the increase in the price of the product (which can make consumers feel unmotivated to buy the product and prefer not to consume it to paying more), the decrease in the consumer's income (the consumer has less money and therefore need to stop buying some products), changes in consumer preference (occurs when the consumer meets a competitor of the product that has a better price or quality).

You might be interested in
What is another name for the enlightenment
ser-zykov [4K]
Another word for the Enlightenment era is sometimes called The Age of Reason. <span />
7 0
2 years ago
Read 2 more answers
Research generally suggests that being ________ is NOT an effective strategy in finding a life partner.
Triss [41]

Answer:

The missing word is indirect.

3 0
3 years ago
Read 2 more answers
The _____ of the house of representatives is elected by the majority-party caucus to act as spokesperson for the party and to ke
fiasKO [112]
The Speaker of the House is elected by the majority party. 
7 0
3 years ago
One reason the Roman Empire was difficult to conquer was because
anygoal [31]

A because Rome was in a good place so they had a lot of resources

3 0
3 years ago
Thirty-three nations, including the United States, declared war on Iraq in 1991 when its forces invaded Kuwait. True cony False​
alexgriva [62]

Answer:

11 times 21

Explanation:

i like the moves like that i move my buttt i like it like that

5 0
2 years ago
Other questions:
  • Which belief is most closely associated with the philosophy of Confucianism
    9·1 answer
  • In the United States, it is possible for someone to give a gift of up to how much money per year to another person without that
    5·1 answer
  • First 50 digits of pi
    5·2 answers
  • What are some limits of the local government especially in the times of civic unrest
    7·1 answer
  • Some people, when they are caught in a situation where they have no control can become frustrated, which can lead to______.
    5·1 answer
  • What are the 3 ingredients needed for infants (and children too) to learn according to NCTM? (p. 2)
    7·1 answer
  • Which statement is true about many of the amendments added to the U.S. Constitution after the Bill of Rights? They were written
    12·1 answer
  • Along with sensory receptors, _____ transport information to the integrating center
    10·2 answers
  • How did world war 1 impact art and literature
    10·1 answer
  • Who are called national personalities ​
    12·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!