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With an increase in consumer spending, there will be an increase in demand for goods/services, and therefore an increase in production, which drives the economy up.
If consumer income increases, demand will increase. If income decreases, there is less money to spend, so demand for products that are not necessary will decrease. Consumer tastes influence what products are in demand. This can change over time, so a product that is in high demand may become a low demand product and visa versa.
If consumer expected price increase for any reason in such good, he will buy it before the time he expects to apply for that increase and accordingly will increase demand and vice versa.
An increase in population
Increase in the population.
With an increase in consumer spending, there will be an increase in demand for goods/services, and therefore an increase in production, which drives the economy up.
how does increase the population affect the life in manila
If consumer income increases, demand will increase. If income decreases, there is less money to spend, so demand for products that are not necessary will decrease. Consumer tastes influence what products are in demand. This can change over time, so a product that is in high demand may become a low demand product and visa versa.
If consumer expected price increase for any reason in such good, he will buy it before the time he expects to apply for that increase and accordingly will increase demand and vice versa.
Yes
Tariffs only directly affect imported goods, but they will indirectly affect domestically produced products because the demand for domestically produced products will increase as the price of imported goods increases. When the demand of domestically produced products increases, the price of these products can also increase.
An increase in population
Increase in the population.
The death of all one kind of consumer will affect the population of the other consumers in the food web.
if there is too less population then the natural population will increase and there might be an end to the human population.
Yes
Every one know that, now a days population increasing. due to increase in population , poverty is also increase. it affect on our economic development. growth of economic development stop by poverty.