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Demand for a factor is the demand for a particular thing.
Demand changes as per demand functions
There are basically five demand functions as follows
1. Price
2. Income
3. Price Of substitute goods
4. Price of complementary goods
5. Taste & Preference
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What is demand function.what are its determinants of demand function?
the determinats demand are prices and non price factor
Which factor does not affect the elasticity of demand for a good?
An increase in population
Which factor is not held constant in a demand schedule?
the taste of consumers
What factor does not affect the elasticity of demand for a good?
Increase in the population.
What happens to demand and demand curve when there is an increase in the factor?
If there is an increase in demand then a new demand curve appears to the right of the original, but if there is an increase in quantity demanded, then there will only be an increase in price and a new demand curve will not appear.
How can calculate maximum demand load?
maximum demand load can be calculated as: # maximum demand=demand factor * Connected load or by # maximum demand = connected load * Diversity Factor Note: Demand factor and diversity factor are NOT same
What factor influence a region photosynthetic productivity?
The main factor influencing production is consumer demand.
What is demand function.what are its determinants of demand function?
the determinats demand are prices and non price factor
What factor has the greatest influence on elasticity?
Demand...
How can enconomies grow when one or more of the factors is weak?
Economies can still grow if the demand for some factor is weak when another factor has a growth in demand.
How do factor conditions differ for Embraer and Bombardier?
Factor conditions differ for Embraer and Bombardier in the sense that Brazil has a much higher demand for Embraer and a much lower demand for Bombardier.
Which factor does not affect the elasticity of demand for a good?
An increase in population
Which factor is not held constant in a demand schedule?
the taste of consumers
What factor does not affect the elasticity of demand for a good?
Increase in the population.
What happens to demand and demand curve when there is an increase in the factor?
If there is an increase in demand then a new demand curve appears to the right of the original, but if there is an increase in quantity demanded, then there will only be an increase in price and a new demand curve will not appear.
What are push and pull factor when going global?
Competition is a push factor that can cause a business to go global. Foreign demand is a pull factor that causes globalization. Expanding opportunities can help to increase sales by creating or finding demand for a product.
What factors affect demand and supply in health care?
please give me the ans. of factor affecting demand and supply of health
