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Highlight FOUR causes of increase in demand.

Highlight FOUR causes of increase in demand.

Answers


gideon
a) Increase in population.
b) Increase in consumer income.
c) Increase in price of substitutes.
d) Decrease in price of compliments.
e) Possible positive change in consumer taste and preferences.
f) Favourable govt policy.
g) Favourable terms of sale.
h) Expected future increase in price/shortage in quantity supplied.
gideon1 answered the question on September 26, 2017 at 04:48

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