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State the factors that influence the quantity demanded

State the factors that influence the quantity demanded

Answers

- Price of the commodity itself
- Price of other commodities which are related to the good in question (be they substitute or complementary) (Py)
- Consumer income (y)
- Consumer taste and preference for the good (T)
- Advertisement (A)
- Consumer expectation about future prices (E)
- Size of population and its composition (N)
- Credit availability (C )

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Wilfykil answered the question on March 6, 2019 at 05:56

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