answersLogoWhite

0

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.

User Avatar

AnswerBot

8mo ago

What else can I help you with?

Related Questions

Factors influencing the price elasticity of demand?

Very good answer here: http://tutor2u.net/economics/content/topics/elasticity/elastic.htm


A production function measures the relation between?

The production function is a unit of measurement used in economics. The function measures the relationship between the quantities of productive factors and the amount of product obtained.


Factors influencing register?

There are three factors influencing register they are: field, mode and tenor.


What does influencing factors mean?

Factors that influence. Tehe


Is accounting business economics?

Accounting and business economics are related but distinct fields. Accounting focuses on the systematic recording, reporting, and analysis of financial transactions, providing a clear picture of a company's financial health. Business economics, on the other hand, applies economic theory and principles to business decision-making, analyzing factors like market conditions and competition. While both disciplines inform business strategies, accounting is primarily concerned with financial data management, whereas business economics emphasizes broader economic factors influencing business operations.


What are influencing factors in kite flying?

taco


What are factors influencing policy making?

There can be plenty of factors influencing policy making in a country. Some are: geographical factors. socio-economic factors. multiculturalism. plurality of the country. castesim. class differences. poverty and backwardness.


What are the economic factors for the shoes company also cultural and technological factors?

Economics


What are the factors influencing the ward management?

· Factors affecting ward management


General factors influencing reality?

Is there anything that doesn't?


What are the major iii factors influencing the current market trends?

The major factors influencing current market trends are economic conditions, consumer behavior, and technological advancements.


Which factors influencing fashion?

Social factors Climatic conditions Religious factors Competition among fashion industries