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katrin2010 [14]
3 years ago
12

in 3 to 4 sentences, explain some of the factors that causes changes in demand and why it is important for consumers to understa

nd these changes
Social Studies
1 answer:
strojnjashka [21]3 years ago
4 0
Income is not the only factor that causes a shift in demand. Other things that change demand include tastes and preferences. the composition or size of the population is a reason. the prices of related goods, and even expectations. It’s important for people to recognize because as demand increases, the available supply also decreases. But if supply decreases, prices may increase. Supply and demand have an important relationship because together they determine the prices of most goods and services.

Hope this helps :)
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Answer:

espero que esto ayude :)    I hope this helps :)

What is the difference between society and community?  is that the society is built upon interactions with varied people whereas the community is the collection of people with similar interests, essentially residing in one geographic place. The individual is the basic component of both community and society.

¿Cuál es la diferencia entre sociedad y comunidad?  

es que la sociedad se basa en interacciones con personas variadas, mientras que la comunidad es la colección de personas con intereses similares, que residen esencialmente en un lugar geográfico. El individuo es el componente básico de la comunidad y la sociedad.

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