Determinants of demand includes following:
- Price of the Product
- Income of the Consumers
- Prices of related goods or services
- Consumer Expectations
- Number of Buyers in the Market
When any of determinants of demand changes, the demand curve shifts to the right. This indicates that even while the price remains the same, there is a greater demand for the commodity or service.
Demand curve movement happens along the curve, whereas demand curve shift occurs when the determinant of demand relationship changes and causes the demand curve to shift. When changes in quantity demanded are correlated with changes in the commodity's price, the demand curve moves along.
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Someone famous stated this but i don’t know who.
it was something like
whatever i have in my bank account right now, i can only spend 10% of it on something
say i want to buy a house. i will only spend %10 of my total bank balance
The answer to number 2 is B. so that you do not take any trade secrets like recipes from the company if you leave
Answer:
1928
Explanation:
hope this help:)) 100% correct