Affecting Demand Essays

Factors Affecting Demand and Supply

Apart from price, there are many factors that affect demand and supply of goods and services in the market (Handerson, 31). Demand is the quantity of goods and services that a consumer is willing to purchase for his or her own consumption. While supply is the quantity of goods and services a seller is willing and able to supply for sell to the market (BasicEconomics. info). In every market environment, demand and supply are so intertwined and also related in…

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