<u>Demand for goods and services in an economy is affected by consumer preferences and / or price of products. The exercise deals only with the increase or decrease in demand due to preferences.
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Preferences are based on tastes, conventions and information about the consumption of products. If a preference increases consumption, the demand curve shifts to the right. (type 2). If preferences decrease demand, the demand curve shifts to the left (type 1).
Non-price determinant causing the demand to decrease
more people embreance an oil free diet
Non-price determinant causing the demand to increase
more people use oil for skin and hair care
doctor recommend the use of saffower seed oil
new reports about benefits
This process is called cultural diffusion. When diffusion takes place, a cultural item (a cultural idea or a cultural practice) disseminates from its place of origin or creation to other places. An example of this practice is the way Americans have embraced Chinese or Mexican food, mostly as a result of the migration of people from those countries into the United States.
I’m thinking it’s true cause the question lol
During the first few weeks of life, an infant may show the emotion of pleasure; but it is rare that he or she may show the emotion of sadness during the first year of life.
