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Factors affecting income elasticity of demand?

The income factor affecting income elasticity of demand is weather or not goods are necessities of luxury.


What factors affect demand and supply in health care?

please give me the ans. of factor affecting demand and supply of health


Factors affecting elasticity of demand for coke?

availability of substitutes is one of the major factor


What are the factor affecting aggregate Demand?

Consumption, Investment, Government Expenditure and Net Exports


Factors affecting demand and supply of labor?

Factors affecting demand of labor :1) Wage rates fluctuations2) The need of factor input in a firm varies with time3) Increasing training costsFactors affecting supply of labor:1) Competitive labor market2) Working condition3) Inflation


Why the demand for vehicles is very high as the petrol rises?

The only demand that will become high when petrol prices rise is the demand for fuel-efficient cars.


What are the factors affecting Demand and supply of goods?

price is the main factor which affect demand and supply and other factors which affect demand and supply are change in income weather change living standard of people alternative things superior to inferior


Which is determinant of demand?

They are factors affecting demand other than


Why are the prices of petrol and diesel going up?

demand of petrol are going up year by year and petrol is nonrenewable source of energy


Is petrol expensive?

Because the Dwarfes demand it so


What control the petrol price?

Supply, demand & competition.


Which is a determinant of demand?

They are factors affecting demand other than