Even without advertising, consumer tastes change over time due to changes in The change could be triggered by a shift in income levels, consumer tastes, or a different price being charged for a related product.
A good for which consumers' tastes and preferences are greater, its demand would be large and its demand curve will therefore lie at a higher level. It is the most important factor.
An increase and decrease in total market demand is illustrated in the demand curve, a graphical representation of the relationship between the price of a good or service and the quantity demanded for a given period of time.
To know more about the demand curve here
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Answer:
b. only one promise is involved in a unilateral contract.
Explanation:
An unilateral contract is a contract where the person or the offeror making the contract promises for the execution of the task by the other party. It can be accepted only be a performance.
In unilateral contract, there is only one promisor and no promisee is required whereas is bilateral contract includes both the promisor and the promisee.
Thus the correct answer is
b. only one promise is involved in a unilateral contract.
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