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microeconomics is called microscopic analysis because it analyze the behavior of micro or small units of the economy like individual consumer, producer, factor suppliers etc.
no factor will influence the location of an industry/
Food
time
Cultural, psychological, and social factors are believed to have the broadest and deepest influence on consumer behavior. Cultural factors include values, beliefs, and norms that shape individuals' preferences. Psychological factors, such as perception and motivation, impact how consumers process information. Social factors like family, reference groups, and social class influence consumers' purchase decisions and behaviors.
The main factor influencing production is consumer demand.
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Everything. Personal Preferences., Displays, Supply and Demand, Everything
A consideration regarding how a consumer's disposable income and other financial resources tend to impact their buying activities.
microeconomics is called microscopic analysis because it analyze the behavior of micro or small units of the economy like individual consumer, producer, factor suppliers etc.
Non-price factors are actions that may influence the behavior of the market price. This is also called as shift factors or determinants that affect the accelerating change.
Non-price factors are actions that may influence the behavior of the market price. This is also called as shift factors or determinants that affect the accelerating change.
The effect of income is a direct factor in consumer behaviors. Without an ample amount of income being provided the consumers cannot possible consume as much as needed or wanted therefor their behavior changes, less is spent, and less is bought.
The price.
socialization process friends influence
no factor will influence the location of an industry/