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determinants of demand

Determinants of Demand / Factors affecting Demand

by Economics Live

Law of demand states the relationship between price and quantity demanded by assuming “other things remaining the same”. When there is a change in these other things, the whole demand schedule or demand curve undergoes a change. In other words, these other things determine the position and level of the … read more

Categories Micro Economics Tags determinants of demand, Factors affecting demand Leave a comment
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