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Five basic determinants that could cause demand for clothes to decrease?
Wiki User
∙ 16y ago
Economic inflation--instead of buying new clothing, people mend what they have, buy from thrift stores or hand clothes down and up to one another.
Cultural--everyone just wears the bare necessities.
Wiki User
∙ 16y ago
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Basic determinants of investment?
The immediate determinants of investment are: (a) the expected rate of return and (b) the real rate of interest.
What cause a decrease in the price of a good?
Supply goes up, cost of production goes down, demand goes down... to name a few basic ones.
What is a basic principle of the law of demand?
A microeconomic law that states that, all other factors being equal, as the price of a good or service increases, consumer demand for the good or service will decrease and vice versa.
1 Define elasticity of demand Provide an example?
Responsiveness of the demand for a good or service to the increase or decrease in its price. Normally, sales increase with drop in prices and decrease with rise in prices. As a general rule, appliances, cars, confectionary and other non-essentials show elasticity of demand whereas most necessities (food, medicine, basic clothing) show inelasticity of demand (do not sell significantly more or less with changes in price).
What are the different types of basic determinants of demands?
The consumer's testes (preference)The number of buyers in the marketConsumers' incomesThe price of related goodsConsumer expectations
Basic determinants of investment?
The immediate determinants of investment are: (a) the expected rate of return and (b) the real rate of interest.
What cause a decrease in the price of a good?
Supply goes up, cost of production goes down, demand goes down... to name a few basic ones.
What is a basic principle of the law of demand?
A microeconomic law that states that, all other factors being equal, as the price of a good or service increases, consumer demand for the good or service will decrease and vice versa.
1 Define elasticity of demand Provide an example?
Responsiveness of the demand for a good or service to the increase or decrease in its price. Normally, sales increase with drop in prices and decrease with rise in prices. As a general rule, appliances, cars, confectionary and other non-essentials show elasticity of demand whereas most necessities (food, medicine, basic clothing) show inelasticity of demand (do not sell significantly more or less with changes in price).
Does any basic cable ever have on-demand programming available?
Yes, many basic cable packages offer on-demand programming. However, there is an extra fee associated with this if you only have basic cable.
What are the 3 basic functions of diuretics?
decrease edema
What are the different types of basic determinants of demands?
The consumer's testes (preference)The number of buyers in the marketConsumers' incomesThe price of related goodsConsumer expectations
What are the basic needs?
Food, shelter, and clothes. :)
What is the basic determinant of price of a commodity?
its demand , supply
Why are clothes worth money?
because it is your basic need
Who sells simply basic brand clothes?
Walmart....
Who sells basic edition brand clothes?
Kmart
