Get premium membership and access questions with answers, video lessons as well as revision papers.

Highlight 4 possible effects of a positive change in the consumers preference for a good

      

Highlight 4 possible effects of a positive change in the consumers preference for a good.

  

Answers


Collins
.leads to high demand of the product in the market.
.leads to increased supply of the product in the market.
.increase in the price of the product demanded.
.decrease in the price of subsiding product in the market area.
0799907809 answered the question on November 9, 2018 at 08:59


Next: Discuss the main effects of soil acidification on plants
Previous: Discuss the role of monitoring and evaluation biodiversity in Kenya.

View More Business Studies Questions and Answers | Return to Questions Index


Learn High School English on YouTube

Related Questions