technology
level of income
The income factor affecting income elasticity of demand is weather or not goods are necessities of luxury.
the rise of price of cement
A populations preference for it and it's availability.
1.degree of necessity 2.peak and off-peak demand
Location Location Location...then supply and demand.
They are factors affecting demand other than
Demand
They are factors affecting demand other than
The income factor affecting income elasticity of demand is weather or not goods are necessities of luxury.
the rise of price of cement
A populations preference for it and it's availability.
There are plenty of factors affecting elasticity of demand including climate of the area. Other factors that effect elasticity of demand include supply and group of people buying.
Mera land...
1.degree of necessity 2.peak and off-peak demand
Factors affecting land supply include population growth, government policies on land use, zoning regulations, availability of infrastructure and utilities, market demand for land, and environmental considerations such as conservation efforts or restrictions. These factors can influence the availability and accessibility of land for development or other uses.
Location Location Location...then supply and demand.
Factors affecting demand of labor :1) Wage rates fluctuations2) The need of factor input in a firm varies with time3) Increasing training costsFactors affecting supply of labor:1) Competitive labor market2) Working condition3) Inflation