Guevarajade21 Guevarajade21

10-05-2024
Business

Answered

Which of the 5 factors of demand does it fall under
O a
population
Ob
Expected future price changes
O
C
Od
Income
Taste and Preference

Verified Answer :

GinnyAnswer GinnyAnswer

10-05-2024

Final answer:

Population, income, and taste/preference are factors affecting demand.

Explanation:

Population is one of the factors affecting demand. For example, the more children a family has, the greater their demand for clothing.

Income is another factor influencing demand. Higher income levels may lead to increased demand for certain goods or services.

Taste and Preference also impact demand as individuals' likes and dislikes influence their purchasing decisions.

Learn more about Factors influencing demand here:

https://brainly.com/question/5082960

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