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Lesson # 2: Demand
Lesson # 2: Demand
Lesson # 2: Demand
DEMAND
DEMAND
Change in income.
Changes in taste, habits and preference.
Change in fashions and customs
Change in distributioin of wealth.
Change in substitutes.
Change in demand of position of complementary goods.
Change in population.
Advertisement and publicity persuasion.
Change in the value of money.
Change in the level of taxation.
Expectation of future changes in price.