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What are the key factors influencing the cobb-douglas demand function in economics?
The key factors influencing the Cobb-Douglas demand function in economics are the prices of the goods or services, the income of consumers, and the preferences of consumers. These factors determine how much of a good or service consumers are willing and able to purchase.
What are the key factors influencing the growth of the durable goods manufacturing sector?
The key factors influencing the growth of the durable goods manufacturing sector include technological advancements, consumer demand, global economic conditions, and government policies.
State and explain the law of demand?
The law of demand states that there an inverse relation between change in price of good and the consequent change in demand for bad goods, assuming no change in all other factors influencing demand for that good.
When does demand occur?
Demand occurs when consumers have the desire and ability to purchase a good or service at a given price. It reflects not only the willingness of consumers to buy but also their financial capacity to do so. Factors influencing demand include price, consumer preferences, income levels, and the availability of substitutes. When these conditions are met, demand manifests in the market.
Factors influencing economic growth?
That'll be any factors that influence the components of the Aggregate Demand (Consumption + Investment + Government spending + Net exports). Any factors that influence each and every component of AD will affect economic growth (through the multiplier process).
What are the key factors influencing the cobb-douglas demand function in economics?
The key factors influencing the Cobb-Douglas demand function in economics are the prices of the goods or services, the income of consumers, and the preferences of consumers. These factors determine how much of a good or service consumers are willing and able to purchase.
What are the key factors influencing the growth of the durable goods manufacturing sector?
The key factors influencing the growth of the durable goods manufacturing sector include technological advancements, consumer demand, global economic conditions, and government policies.
What are the factors influencing international marketing?
The various factors influencing international marketing are as follows:- 1.GDP 2.FDI 3. demand and supply 4. money exchange value 5. balance of payment 6. global outsourcing 7. environmental factors.
State and explain the law of demand?
The law of demand states that there an inverse relation between change in price of good and the consequent change in demand for bad goods, assuming no change in all other factors influencing demand for that good.
Factors influencing the price elasticity of demand?
Very good answer here: http://tutor2u.net/economics/content/topics/elasticity/elastic.htm
What factor influence a region photosynthetic productivity?
The main factor influencing production is consumer demand.
Discuss the factors influencing product mix?
There are a few factors that influence product mix . The main few are changes in the demand in the market , what is costs to produce the product , and financial generation.
What are the key factors influencing the employment prospects of working age adults in today's economy?
The key factors influencing the employment prospects of working age adults in today's economy include technological advancements, globalization, education and skills, industry demand, and economic conditions.
When does demand occur?
Demand occurs when consumers have the desire and ability to purchase a good or service at a given price. It reflects not only the willingness of consumers to buy but also their financial capacity to do so. Factors influencing demand include price, consumer preferences, income levels, and the availability of substitutes. When these conditions are met, demand manifests in the market.
Factors influencing economic growth?
That'll be any factors that influence the components of the Aggregate Demand (Consumption + Investment + Government spending + Net exports). Any factors that influence each and every component of AD will affect economic growth (through the multiplier process).
What factors can be considered a determinant to consumer demand?
Supply and Price are the determining factors for Demand.
What are the factors that can determines shift in demand?
Demand can be shaped by numerous factors. Economic circumstances can strengthen or weaken demand. Price and population are also strong demand shapers.
