Factors affecting the demand of wheat?

Answer 1

Since corn and wheat can both be used as types or grain, they are in a way interchangeable amongst buyers. These types of goods are called substitute good, one can be substituted for another. If the price of corn rises, that leaves wheat being the more favored product (because it's cheaper). When an increase for the demand for wheat increase, the supply will decrease. The opposite would happen if the price of corn falls. If it falls under the price of wheat, corn will then be more favored. Thus making it the more demanded product. Under the law of demand, supply and demand work in opposite directions. When the demand increases, the supply decreases. When the demand decrease, the supply increases.

Answer 2

=price of goods==level of income==personal taste==personal preferences==size of the population==the government policies==price of goods==level of income==personal taste==personal preferences==size of the population==the government policies=

Answer 3

Factors affecting demand for the supply of wheat

Answer 4

The demand trend for wheat is a grain.